The Personal Income Tax Rate in Macedonia stands at 10 percent.

Personal Income Tax Rate in Macedonia averaged 12.53 percent from 2004 until 2018, reaching an all time high of 24 percent in 2005 and a record low of 10 percent in 2008. This page provides - Macedonia Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Macedonia Personal Income Tax Rate - values, historical data and charts - was last updated on July of 2020.

Personal Income Tax Rate in Macedonia is expected to reach 10.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Macedonia Personal Income Tax Rate is projected to trend around 10.00 percent in 2021, according to our econometric models.

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Macedonia Personal Income Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
10.00 10.00 24.00 10.00 2004 - 2018 percent Yearly

Macedonia Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 10.00 10.00 15.00 10.00 percent [+]
Personal Income Tax Rate 10.00 10.00 24.00 10.00 percent [+]
Sales Tax Rate 18.00 18.00 18.00 18.00 percent [+]


Macedonia Personal Income Tax Rate
In Macedonia, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Macedonia.