North Macedonia's Ministry of Finance issued a release announcing the adoption of the fourth set of measures providing relief and support in response to the COVID-19 pandemic on 24 September 2020. The main tax-related measures include:
- The reduction in the default interest rate from 0.03% to 0.015% is extended to the end of the year (2020);
- A continued deferral of profit tax advance payment until March 2021 for companies that have experienced a decline in revenue of more than 40%;
- A continu…