SDP will get on Monday proposed changes to extra-profit tax law
- SDP will get on Monday proposed changes to extra-profit tax law
- Post By daniloc
- 12:55, 15 april, 2002

Podgorica (MINA-BUSINESS) – The Centre for Transition will submit to the Social-Democratic Party (SDP) on Monday its concrete remarks on the draft law on taxing extra-profit based on which the SDP should initiate the withdrawal of the law from parliamentary procedure. Director of this non-governmental organisation Nebojsa Medojevic told Mina-business that the law had to be withdrawn because the government had not allowed the law to be subject to a public debate. SDP#s transition board will discuss the demand on Monday. The parliament is due to discuss the law on Tuesday. Provisions of the law envisage 20 percent tax on any income and property worth more than 35,000 euros acquired between May 1992 and October 2000, the period during which Yugoslavia had been subject to international sanctions. The ruling Democratic Party of Socialists (DPS) has signalled it would ask for the tax base to be amended to 50,000 euros. The list of profiteers will be made by the Montenegrin Public Revenue Office.