The Government of Republic of North Macedonia adopted the updated Strategy for the Reform of the Tax System (2021-2025). This strategy will be implemented through announced amendments to the tax regulation in a number of areas.
Value added tax (VAT)
Amendments to the VAT Law are also expected, which according to the publicly announced information at this stage, will be in the direction of:
- Reducing the list of goods and services for which a preferential VAT rate of 5% is applied….
Source: PwC
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