Revenue Administration Reform Project for Montenegro

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WASHINGTON, July 31, 2017 – The World Bank Board of Executive Directors today approved the following project: Revenue Administration Reform Project for Montenegro IBRD Loan: $15.7 million Terms: Maturity = 25 years, Grace = 5 years Project ID: P149743 Project Description: The development objective of Revenue Administration Reform Project is to improve the effectiveness of operational functions of Montenegro’s Tax Administration (MTA) and to reduce the compliance costs for corporate taxpayers. 

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