North Macedonia Tax Agency Issues 2023 VAT Reverse Charge Mechanism Guide

The North Macedonian Public Revenue Office Jan. 3 posted online a 2023 guide on the application of the VAT reverse charge mechanism. Topics covered include: 1) the definition of “reverse charge;” 2) general principles of VAT, including application of the reverse charge mechanism; 3) transactions to which the reverse charge mechanism applies; 4) conditions for applying the reverse charge mechanism; 5) application of the reverse charge mechanism to specified constructions services, transport of specified waste materials, and in cases of forced collection; 6) issuance of invoices for different services; 7) reporting requirements for executed and received transactions of goods and ...