The Tax Administration of Montenegro collected gross revenues amounting to 707.5 million euros in the first five months of this year, which is 4.7 million euros more compared to the same period last year. VAT collection increased by 19%, while corporate income tax collection rose by 8%. Although social security contributions decreased by 29%, the growth in other revenues fully offset this decline, indicating continuous economic activity growth and strengthening tax discipline. These data demonstrate the effectiveness of the Tax Administration’s measures aimed at increasing budget revenues.
Political Perspectives:
Left: Left-leaning outlets might emphasize the increase in tax revenues as a sign of economic recovery and improved tax compliance, while also highlighting the reduction in social security contributions as a potential concern for workers’ welfare.
Center: Centrist sources report the data factually, focusing on the overall growth in tax revenues and economic activity, noting the decrease in social security contributions but emphasizing that it was offset by other revenue increases.
Right: Right-leaning media may highlight the reduction in social security contributions as a positive step towards reducing the tax burden on employers and employees, framing the overall revenue growth as a result of improved economic conditions and efficient tax administration.