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Macedonia Expands Allowed Transfer Pricing Methods and Introduces Disclosure Obligation

|Approved Changes|Macedonia
Macedonia

Macedonia's parliament has reportedly approved legislation amending the corporate income tax law with effect from 1 January 2019 that includes certain transfer pricing changes. This includes that instead of limiting the allowed transfer pricing methods to the cost-plus method and the comparable uncontrolled price method, all five standard OECD methods may be used. The amendments also include the introduction of a related-party transaction disclosure requirement that applies for taxpayers with…

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