Montenegro

Individual - Foreign tax relief and tax treaties

Last reviewed - 25 March 2025

Foreign tax relief

Resident taxpayers are entitled to a tax credit up to the amount of corporate tax paid in another country on income realised in that country. This tax credit is equal to the tax paid in another country but may not exceed the amount of the tax that would have been paid in Montenegro.

If the income is received from a country with which Montenegro has a DTT in place, the method for elimination of double taxation prescribe by the DTT (credit or exemption) will apply.

Tax treaties

See the Withholding taxes section in the Corporate tax summary for a list of countries with which Montenegro has a tax treaty.