The right to pay corporate income tax in instalments may be used by taxpayers who pay the first instalment by 31 March.
Publication date: 06.04.2021 — Source: Revenue Administration
Instalment Due Dates (for 2020 liability)
Instalments for settling the corporate income tax liability of legal entities for the year 2020 — by taxpayers using the right to deferred payment of the tax liability (pursuant to the Decree on Deferred Payment of Corporate Income Tax, Official Gazette of Montenegro 023/10) — are due as follows:
| Instalment | Due date |
|---|---|
| First | 31 March 2021 |
| Second | 30 April 2021 |
| Third | 31 May 2021 |
| Fourth | 30 June 2021 |
| Fifth | 31 July 2021 |
| Sixth | 31 August 2021 |
Consequence of Delay
The Decree stipulates that in the event the tax debtor fails to pay an instalment on time, the remaining deferred tax debt under corporate income tax becomes due in full for collection.
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