This course examines advanced tax policy and different tax obligation for individuals and companies that operate domestically and/or with foreign residents and business outside Republic of Macedonia. Special attention will be put on double taxation, international agreements for avoiding double taxation, laws for tax exemption and appropriate tax benefits from them. Furthermore, we will examine how different actions taken by tax payers influence valuation of taxes, how results from operations can contribute to get different valuation for individual or corporate tax gains and what are the consequences from that to the tax payers.
Moreover, we will present taxation effect of the financial decision made by businesses. We will examine different ways to minimize or deferring tax liabilities by the use of standard tax planning measures. Finally, we will present and analyze how tax payers should communicate with clients, public revenue body, customs and other professionals and presentation of written information, in language appropriate to the purpose of the communication and the intended recipient.