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North Macedonia slashes fuel VAT by nearly half amid energy
9 articles |
Updated 6h ago |
Created 7h ago
The Government of the Republic of North Macedonia has decided to reduce Value Added Tax on fuels, cutting it almost in line with previous levels due to rising global oil prices driven up by increased military spending from Israel's invasion of Gaza following a recent conflict between Hamas militants and Israeli forces that began last week when Palestinian terrorists launched rocket attacks across southern Tel Aviv.
Key Points
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1The government of North Macedonia has decided to reduce the VAT on fuel.
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2This decision was made in response primarily due to increased energy prices and inflation, with some sources also citing the war as a contributing factor. The reduction is expected to be significant enough to nearly halve taxes at gas stations according to one report.
Developments
[Mar 22]
The government of North Macedonia announced its decision regarding the VAT on fuel, citing increased energy prices as a primary driver for this measure. The timing and specific details were reported across multiple news outlets between late afternoon (15:08) and evening hours.
Βόρεια Μακεδονία: Αποφάσισαν μείωση του ΦΠΑ στα καύσιμα λόγω του πολέμου στη Μέση Ανατολή
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