On 14 April 2015, the Macedonian parliament approved the law for the ratification of the pending income tax treaty with Vietnam. The treaty, signed 15 October 2014, is the first of its kind between the two countries.
Taxes Covered
The treaty covers Macedonian personal income tax and profit tax, and covers Vietnamese personal income tax and business income tax.
Service PE
The treaty includes the provision that a permanent establishment will be deemed constituted if an enterprise furnishe…