On 27 August 2014, Macedonia ratified the pending income tax treaty with India. The treaty, signed 17 December 2013, is the first of its kind between the two countries.
Taxes Covered
The treaty covers Macedonian profit tax and personal income tax, and Indian income tax and any relevant surcharges.
Residence
If a company is a resident in both Contracting States, the competent authorities will determine the company's residence for the purpose of the treaty through mutual agreement. If t…