Montenegro Proposes Bill to Implement EU VAT Fraud Regulation and Enhance Tax Cooperation

• Montenegro’s Ministry of Finance posted a draft bill to implement EU Regulation 904/2010 on administrative cooperation and combating VAT fraud.
• The bill designates the tax authority and a Central Liaison Office for information exchange and recordkeeping.
• Taxpayers and intermediaries must electronically submit records upon request.
• The bill authorizes parallel or joint audits with EU countries or other jurisdictions.
• The tax authority can issue electronic certificates upon request.

Source: news.bloombergtax.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

---

---