VATupdate

North Macedonia adopts Law on Partial VAT Refund to Physical Persons

The newly adopted and published Law on Partial VAT Refund to Physical Persons has been met with both enthusiasm and a myriad of questions from individuals. The Law – for the first time in the sovereign history of the Republic – prescribes the right of individuals to request a 15% refund of the VAT paid in fiscal receipts issued to them.

Source: eurofast.eu

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