The association of organizers of games of chance, Montenegro Bet, will submit an initiative to the Constitutional Court today for the review of the constitutionality of the amendments to the Law on Personal Income Tax, which taxes every winning in games of chance at 15 percent.
The Association claims that in this way an unrecorded legal solution is being introduced that cannot be applied.
"This legal solution treats profits expressed in money in a different way than those expressed in goods, things or rights, which threatens the functioning of the free market and favors economic entities that pay out profits expressed in goods, things or rights", he states. in the announcement.
Representatives of Montenegro Beta asked the Constitutional Court to declare the amendments to the Law on Personal Income Tax unconstitutional and thus enable the survival of the legal gaming industry.
They announced that due to such legal solutions, they will be forced to resort to closing facilities, potentially jeopardizing the jobs of around three thousand people who work in the gaming industry, and Montenegro will be left without stable budget revenues.
"Players must not be denied anything, both from stakes and winnings, because in that case players will move to foreign websites, to illegal organizers where there are no such imagined taxes. In that case, domestic legal websites will not be competitive", they said from Montenegro Beta.
The application of such a legal solution, as they announced, and the further collapse of legal organizers will create a bad economic environment in which the entire activity will move into the gray zone, i.e. the illegal market.
"If, because of all this, Montenegro forces the organizers to close their companies, it will not be able to continue financing the needs of socio-humanitarian activities and people with disabilities, as well as the development of sports, culture and technical culture and other activities that are financed through the budget revenues from games of chance", the announcement concludes.
According to the amendments to the Law, which were adopted at the end of December, the profits of natural persons obtained from games of chance, except for prize games, are considered a source of income and are taxed at a rate of up to 15 percent.
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