North Macedonia Assembly Considers Bill to Amend Various VAT Provisions

The North Macedonian Assembly (Sobranie) March 11 accepted for consideration Bill No. 40-12525/1/2022, to amend various VAT provisions. The bill includes measures to: 1) define turnover for specific services; 2) regulate the taxation of value vouchers; 3) determine joint and several liability for unpaid VAT amounts; 4) establish registration obligations for tax representatives; 5) regulate VAT place of supply rules; 6) amend provisions on the tax base for income from the sale of specific imported cars; 7) exempt VAT on imports of natural gas and electricity supplies; 8) implement the preferential VAT rate of 5 percent on electronic textbooks; 9) ...