Latest developments in the tax legislation - KPMG North Macedonia
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Latest developments in the tax legislation

Latest developments in the tax legislation

This issue of KPMG's Tax News presents the latest amendments to the tax legislation in a number of areas.

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New Law on Excise Duty 

The new Law on Excise Duty (LED) which will apply as of 15 July 2019 was promulgated in the Official Gazette No. 108 dated 28 May 2019.

Some of the more important developments are:

  • Introduction of excise duty at zero rate for electricity, natural gas, coal, coke and lignite 
  • Removal of passenger vehicles as excisable goods; it is expected a new type of levy will be set. 

Other changes include:

  • Change in the timing of the payment of excise duty on tobacco products and alcoholic beverages 
  • New tobacco products subject to excise duty 
  • Aligning of the treatment of small alcohol producers with the European directives 
  • Usage of the Excise Movement and Control System (EMCS) 
  • Gradual increase in the excise duty on certain tobacco products 
  • Introduction of new concepts which will apply upon the accession of North Macedonia to the EU, such as registered consignee, periodic registered consignee, registered consignor, distance selling, a tax representative for distance selling, direct delivery. 

Amendments to the Law on VAT and the Rulebook for implementation of the VAT Law 

An application for VAT registration can now be submitted together with the application for the registration of a company at the Central Registry.

The amendments to the Rulebook regulate the use of the technique for electronic data processing within the export customs procedure as proof that the export was executed. 

Amendments to the Law on Registering Cash Payments 

The amendments to the Law on RCP include strengthening of the provisions for entry of the correct description on receipts, requirement in relation to receipts for cancelled transactions, as well as new penalties in that regard.

Amendments to the Law on Sports 

The amendments to the Law on Sports are aligned to the amendments to the Corporate Income Tax Law regarding the tax incentive for donations in sports. They were promulgated in the Official Gazette No. 98 dated 21 May 2019 and entered into force on the same day.

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