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North Macedonia Announce Fourth Set of Measures in Response to COVID-19

|Approved Changes|Macedonia
Macedonia

North Macedonia's Ministry of Finance issued a release announcing the adoption of the fourth set of measures providing relief and support in response to the COVID-19 pandemic on 24 September 2020. The main tax-related measures include:

  • The reduction in the default interest rate from 0.03% to 0.015% is extended to the end of the year (2020);
  • A continued deferral of profit tax advance payment u…

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