Executive Summary
North Macedonia’s tax authority has launched compliance checks on resident individuals’ foreign income for 2021 using bank data and CRS exchanges. Simultaneously, the Public Revenue Office is intensifying fiscalization enforcement in the tourism sector through education and upcoming winter season inspections.
Secondary Regulatory & Regional Updates
- Foreign Income Compliance Checks for 2021: The Public Revenue Office (PRO) has commenced targeted verification of foreign-sourced income received by tax residents in 2021, cross-referencing bank reports on cross-border inflows with filed tax returns. Undeclared income—including employment, freelance fees, dividends, interest, rental income, pensions, and capital gains—faces reassessment at progressive rates (10%/18%) plus interest and penalties. The statute of limitations expires December 31, 2026, for standard cases. Taxpayers should proactively amend returns and retain documentation for foreign tax credits. Public Revenue Office Launches Compliance Checks on Foreign Income of Resident Individuals for 2021
- Tourism Fiscalization Enforcement Campaign: The PRO’s “Fair Tourism Starts with Declared Income” campaign held an educational meeting in Kochani, reinforcing mandatory fiscal cash register use and real-time transaction reporting under the Rulebook on Fiscalization. The campaign targets hotels, restaurants, travel agencies, and short-term rental providers, including digital platform hosts. Fines range from €500 to €10,000; tax evasion exceeding €15,000 may trigger criminal prosecution. Intensified field inspections are planned for the 2026/2027 winter season. Fair Tourism Starts with Declared Income – UJP Holds Educational Meeting in Kochani
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.