Montenegrin Obligations for EU Accession
Way to Montenegro https://waytomonte.com
26.09.2017
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In accordance with the directives of the European Union, Montenegro and all members of the Union and the candidate countries are obliged to introduce excises on electricity.
From the Ministry of Finance has commented that for the entry of Montenegro into the European Union this condition is mandatory, but it is not still known exactly how the calculation will be made and how much the cost of electricity will increase.
Member States have the right to determine the amount and methods for calculating excise tax by category, so in different Member States this procedure is carried out in its own way.
Two years ago, Serbia introduced excise taxes on electricity. The introduction of excises in Serbia affected the growth of electricity price by almost 10%. Despite this, the cost of electricity in Serbia is about 40% lower than in Montenegro.
In Croatia, excises were introduced on 1 July, 2013 (on the day of joining the EU) for consumers in the category of entrepreneurship, while for the population the price was the same.
Excises do not apply to people and companies that use electricity for chemical and metallurgical processes (metal production), for mining, for joint production of heat and electricity from renewable sources, and also from biomass.
From the Ministry of Finance has commented that for the entry of Montenegro into the European Union this condition is mandatory, but it is not still known exactly how the calculation will be made and how much the cost of electricity will increase.
Member States have the right to determine the amount and methods for calculating excise tax by category, so in different Member States this procedure is carried out in its own way.
Two years ago, Serbia introduced excise taxes on electricity. The introduction of excises in Serbia affected the growth of electricity price by almost 10%. Despite this, the cost of electricity in Serbia is about 40% lower than in Montenegro.
In Croatia, excises were introduced on 1 July, 2013 (on the day of joining the EU) for consumers in the category of entrepreneurship, while for the population the price was the same.
Excises do not apply to people and companies that use electricity for chemical and metallurgical processes (metal production), for mining, for joint production of heat and electricity from renewable sources, and also from biomass.
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