On 5 February 2025, the Constitutional Court of the Republic of North Macedonia (“Court”) annulled the Solidarity Tax Law (“Law”), ruling that it violated several key constitutional principles.

Local Partner Maciej Kacymirow has been appointed as Head of the Tax Practice in the Warsaw Office of Greenberg Traurig.

With the end of the 2024 calendar year accounting period, companies must focus on key obligations associated with it. This overview, prepared by the law firm Eversheds Sutherland, summarizes the most important deadlines and obligations related to financial statements, the annual report, the related parties report, and the filing of the corporate income tax return. Proper and timely fulfillment of these obligations is essential to comply with legal requirements.

From 1 January 2025, third-country nationals will no longer be entitled to claim certain personal income tax (PIT) benefits. Third countries are non-EEA countries and countries that have not concluded a bilateral social security agreement with Hungary.

The global minimum tax initiative aims to ensure that large multinational corporations operating across multiple jurisdictions pay a corporate tax rate of at least 15%.

Last summer, the deposit return system (DRS) was introduced, under which 0.1-3 litres of drink products with a mandatory redemption fee can be bought in shops at a price increased by the redemption fee.