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North Macedonia: Tax developments in response to COVID-19

General Information

This page offers an overview of tax developments being reported globally by KPMG member firms in response to the Novel Coronavirus (COVID-19).

The content will be updated regularly. However, due to the fast-moving pace of change, it may not always reflect the most current developments in a given jurisdiction. Please refer to the date of accuracy and refer to the relevant links, under additional information, for original source information.

Date accurate as of: 8 July 2020

Exemption from payment of advance instalments for corporate income tax and personal income tax purposes for March, April and May 2020 - this measure is extended to apply for June and July 2020

  • The measure applies to the taxpayers conducting business activities in sectors that are most affected by the COVID-19 crisis such as catering, tourism (tourist agencies, tour operators, accommodation facilities), transport (land, water and air transport). 
  • The measure may also apply to taxpayers from other sectors who have suffered reduced business activities due to the COVID-19 crisis, and is subject to certain conditions such as limitations in respect to paying dividend to shareholders and any type of awards for business success to employees and members of management and supervisory bodies, as well as a requirement for preserving the number of employees (except in cases of death, retirement or in the case of termination of the employment by the employee) for certain period of time. 

Exemption from VAT on the donations given to a state budget user aimed for dealing with COVID-19 

The measure apply for VAT exemption on:

  • the supply of goods and services provided as a donation to a state budget user, aimed for dealing with COVID-19, as well as 
  • the supply of goods and services financed by funds donated to a state budget user, aimed for dealing with COVID-19.