• Service: Tax, Global Indirect Tax, International Executive Services, International Tax
  • Type: Regulatory update
  • Date: 2/12/2014

Macedonia - Self-charging VAT on certain supplies 

February 12:  The value added tax (VAT) law in Macedonia has been amended, effective 1 February 2014, to place the obligation to calculate and remit the VAT on specific supplies on the recipient, rather than on the supplier for supplies between registered VAT taxpayers.

The VAT amendment was published in the Official Gazette No. 12 (22 January 2014). The VAT self-charging (i.e., reverse charge mechanism) will be mandatory for certain supplies.

Read a February 2014 report prepared by the KPMG member firm in Macedonia: Legislative amendments

Also included in the report are the following topics

  • Amendments to the law on tax procedures
  • Amendments to the personal (individual) income tax law
  • Amendments to the corporate income tax law
  • Amendments to the law on property taxes
  • Law on financial discipline
  • Amendments to the law on debenture notes

©2014 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. All rights reserved.

The KPMG logo and name are trademarks of KPMG International.

KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever.

The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.

Direct comments, including requests for subscriptions, to
For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at:

+ 1 202 533 4366

1801 K Street NW
Washington, DC 20006.


Share this

Share this


Subscribe to receive the latest TaxNewsFlash email alerts (you must select the option for TaxNewsFlash)

Already a Subscriber? Login

Not a member? Subscribe now