Macedonia to apply permanently preferential VAT rate on computers, software.

By bne IntelliNews October 4, 2012
The government decided to leave the VAT on computers, software and solar collectors at the preferential level of 5%, state news agency MIA reported. These goods are already taxed at the preferential rate, but this treatment was scheduled to expire at end-2012. The general VAT rate is 18%. The amendments were proposed by the ministry of finance and aim at boosting the quality of IT and education and encouraging greater use of solar energy. In addition, the legislative changes envisage exempting from VAT the imports of parcels with value of up to EUR 22, except tobacco and tobacco products, alcohol and alcoholic beverages, as well as perfumes and eaux de toilette. This measure aims to promote electronic commerce in Macedonia, among others.

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