Montenegro Proposes Reducing 21% VAT on Fruit and Vegetables
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Montenegro proposes reducing 21% VAT on fruit and vegetables
European Alliance MPs in Montenegro have proposed reducing the value-added tax (VAT) on fruit and vegetables, currently set at 21 per cent, to help lower consumer prices and support domestic growers. According to the European Alliance, VAT rates on fruit and vegetables range from 5 per cent to 10 per…
The MPs of the European Union of Montenegro proposed reducing the value added tax (VAT) on fruits and vegetables, the rate of which in that country is 21 percent, while in
"The high VAT in our country, along with the fact that we import huge amounts of fruit and vegetables, affects the significant increase in the prices of the aforementioned foods that citizens use every day", the European Union will point out.
Photo:ES Below is a press release. Members of the European Union propose to lower the VAT on fruits and vegetables because the VAT in Montenegro on fruits and vegetables is 21% and in most countries of the region from 5 to 10%, as well as in many EU countries. They state that e.g. Croatia a few years ago precisely because of the easing of inflation [...]
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