Four Municipalities and Companies Piled Up EUR 11 Million in New Debt

By , 16 Oct 2018, 23:07 PM Business
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October 16, 2018 - Four municipalities and local companies piled up 11 million euros in new tax debts, said the Tax Administration, but they did not say who. They have been warned, however, that they will intensify the blocking of accounts and start bankruptcy proceedings against local companies unless they fulfill their obligations.

In four municipalities and a number of local companies, there is a noticeable delay in payment of current liabilities. Seven million euros are owed by the municipalities and four million by the local businesses. During the past and this year, there was an intensified communication with the local self-government and the local community. The enforcement of enforced collection measures has also begun by blocking the bank accounts, in order to remind them once more that the delays in servicing the tax obligations will not be tolerated, the Tax Administration said to “Pobjeda”.

The bill collection will, as announced, be undertaken in continuity.

There will also be proposed bankruptcy measures if it is not possible to collect the debt from the local companies, regardless of what is vital to the functioning of the municipalities, which has been warned by this authority within the Ministry of Finance.


The Tax Administration did not say which municipalities were late but stated that they were disciplined and in time compensated for current but reprogrammed liabilities.

"The municipalities with the highest degree of tax discipline are Podgorica, Tivat, Herceg Novi, Kotor, Plužine, Gusinje and Petnjica, who did not enter the reprogram 2015 as well as Niksic, Budva and Bar, which approved the repayment of the tax debt by the Ministry of Finance three years ago, but regularly servicing all due reprogrammed and current liabilities," the Tax Administration said.

On this "disciplined list" are not Bijelo Polje, Pljevlja, Ulcinj, Berane, Mojkovac, Danilovgrad, Rožaje, Žabljak, Andrijevic, Cetinje, Kolašin, Savnik, Plav.

A number of local companies in accordance with the Law on reprogramming of tax receivables approved a repayment of the tax debt in the total amount of 11,061,409 euros.

"Local companies and public institutions that reprogrammed their obligations in accordance with this law mostly regularly meet these obligations, and on this basis so far more than 2.7 million euros was gained," stated the Tax Administration.

 Text by Pobjeda, on October 16th, 2018, read more at CdM

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