The Constitutional Court of North Macedonia issued a decision on 5 February 2025 that annuls the Law on the Solidarity Tax that was published on 25 September 2023. As previously reported, the 30% tax was levied on taxpayers with total annual income exceeding MKD 615 million in 2022. The tax base was the corporate tax base for 2022, minus 1.2 times the average tax base in 2018, 2019, and 2020 (i.e., increased by 20%) or, if more favorable, the average tax base for 2021 and 2022, minus 1.2 times the average tax base in 2017, 2018, and 2019. In its...