Montenegro to review tax charge on player winnings as gambling remains ruptured

by SBC News
3 minutes read
Montenegro’s gambling sector faces likely fiscal changes as the Ministry of Finance endorses a 15% tax charged on customer winnings.

The government of Montenegro has received proposals to amend articles of the Personal Income Tax and the Law on Games of Chance to apply the tax charge sought by the Ministry of Finance.

The proposal carries the “dual goals of increasing budget revenues and addressing the growing issue of gambling addiction, particularly among young people.”

Submitting its amendments, the Ministry emphasised that tax charges on gambling income had been “unjustifiably excluded from the tax system in the previous period.”

The Ministry endorsed a 15% tax charge on customer winnings as part of the Montenegrin government’s ‘Work Programme for 2024,’ which carries the wider mandate to adopt a new Law on Games of Chance.

Taking office in October 2023, Prime Minister Milojko Spajić ordered ministers and departments to submit proposals on gambling protections, focusing on pro..

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