Draft Law on Solidarity Tax

The Government has submitted to Parliament the draft Law on Solidarity Tax.

Some of the main points of the new tax include:

• Taxable entities: Corporate Income Tax taxpayers which for 2022 had revenues of more than MKD 615 million (approx. EUR 10 million) 
• Tax base: the difference between
  • the tax base for 2022 (determined in field 49 from the CIT return), and the average of the tax bases for the 2021, 2019 and 2018 increased for 20%, or
  • if more beneficial for the taxable entity, the difference between the average of the tax bases for 2022 and 2021, and the average of the tax bases for the 2019, 2018 and 2017 increased for 20%,
• Tax rate: 30% 
• Filing: the tax is reported with form DB-DS, due for submission within 45 days from the deadline for submission of the annual accounts 
• Payment: until 31 May 2023 
  

The draft Law provides for further specifics in cases of reorganizations (статусни промени), in cases of zero tax base reported, etc.

Based on the draft Law, the tax is introduced as a one-off compulsory contribution to the public revenues for 2023, and is intended to finance the Sub-program P1 – Measures for dealing with the Covid 19 crisis and other anti-crisis measures, in section 040.01.

Srdjan Randjelovic
Partner
Tel.: +389 2 313 52 20

Koce Jovanov
Senior Manager, Tax
Tel: +389 2 313 52 20

Katerina Mitevska
Manager, Tax
Tel: +389 2 313 52 20