North Macedonia's Public Revenue Office has announced that the Law on Amendments and Supplements to the Law on Profit Tax was published in the Official Gazette on 25 September 2023. One of the key amendments is that the obligation to submit transfer pricing reports is abolished with effect from 1 January 2024 in order to reduce the administrative burden on both taxpayers and the Public Revenue Office. Taxpayers must still prepare and keep a transfer pricing report, however, and must submit the report at the request of the Public Revenue Office. Further, taxpayers that prepare and keep a transfer pricing...