Macedonia, Kosovo sign agreement on avoiding double taxation.

By bne IntelliNews April 6, 2011
Deputy PM and finance minister Zoran Stavreski and Kosovo's finance minister Bedri Hamza have signed an agreement on avoiding double taxation and protection against tax evasion, Macedonian state news agency MIA reported. The agreement was signed in Pristina and envisages that residents of the two countries will not pay twice taxes on income and capital revenues. A bilateral agreement on protection of investments is expected to be signed soon too, Stavreski commented. According to data of the statistics office, Kosovo was the second most important market for Macedonian exporters last year. Exports to Kosovo amounted to USD 437.8mn or 13.3% of Macedonia's total exports. On the other hand, imports from Kosovo amounted to only USD 22.1mn (0.4% of the total) in 2010.

Related Articles

Macedonias 2013 tobacco crop expected to exceed 30,000 tonnes.

Macedonias tobacco crop is expected to increase by 20% to over 30,000 tonnes in 2013, Utrinski vesnik daily reported quoting Danco Mileski, president of the countrys tobacco association. The ... more

Macedonia cancels tender for gas distribution network feasibility study.

The transport ministry has cancelled the tender for preparing a feasibility study for developing the countrys natural gas distribution network, build.mk portal reported. Reportedly, two bids were ... more

Komercijalna Banka wins Global Finance award Best Bank in Macedonia for 2013.

Large-sized commercial bank Komercijalna Banka announced that it has won the award Best Bank in Macedonia for 2013 by the magazine Global Finance. The Macedonian bank wins the award for a 10th ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss