Montenegro

Country profiles
Country profiles

Montenegro

  • Corporate Tax Haven Index ranking: N/A
  • Financial Secrecy Index ranking: 119
  • Tax loss each year to tax havens: $107,096,593
  • Tax loss inflicted on other countries: $802,114

Country profile

Tax abuse losses

$107,096,593

lost in tax every year to global tax abuse

$106,190,277

lost to tax avoidance committed by multinational corporations

$906,315

lost to tax evasion committed by private individuals

  • Equivalent to 8.34% tax revenue (tax revenue in 2020 : $1,283,416,052 trillion)
  • Equivalent to loss of $172 per member of population (Population: 621,865.94)
  • Greater than Global Average tax revenue Loss 2.61%
  • Greater than Regional Average tax revenue Loss 3.39%

Global Rankings

Corporate Tax Haven Index 2019
#N/A

Global Rank (First is Worst)

N/A/100

Haven Score (100 is Worst)

N/A

Share of global tax havenry

Financial Secrecy Index 2020
#119

Global Rank (First is Worst)

60.03/100

Haven Score (100 is Worst)

0.16%

Share of global tax secrecy

Harm to other countries

$802,114

in tax lost by other countries

$0

by enabling corporate tax avoidance

$802,114

by enabling private tax evasion

Responsible for 0.00% of global tax losses
Inflicted tax loss equivalent to yearly salaries of
64 nurses

Social impact of lost tax

Tax loss equivalent to N/A of health budget
Tax loss equivalent to N/A of education spendings
Suffered tax loss equivalent to paying yearly salaries of
10,313 nurses

Vulnerability to illicit financial flows

Most Vulnerable via Inward FDI
Vulnerable Score for this channel is 58.00 / 100
(100 is Worst)

Trading partners most responsible for vulnerability

Russia (23.9%)
Netherlands (11.4%)
Italy (9.7%)

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