# North Macedonia fiscal and income reporting > Live situation record from CLSTR: https://clstr.news/situations/north-macedonia-fiscal-and-income-reporting > Updated: 2026-10-21T13:01:27.000Z. Sources: 5. Developments: 2. Annual data from North Macedonia’s Public Revenue Directorate and Public Revenue Administration for 2025 highlights shifts in tax collection and wealth distribution. VAT refunds to businesses declined for the second consecutive year, falling by approximately 3.29 percent compared to 2024. Total refunds amounted to 540,238,172 euros. Despite this decline, the Directorate reported an increase in tax collections across domestic sales, imports, and donations. The Ministry of Finance attributed refund delays to additional controls and investigations into high-risk companies regarding VAT refund abuses. Regarding personal income, the number of annual tax returns rose by 10.6 percent. Reported gross income reached 612.9 billion denars, with personal income tax totaling 39.8 billion denars. Data revealed significant income disparities, including a record gross annual salary of 139.1 million denars in the mining sector and various high-earning individuals through dividends and salaries. ## Timeline ### 2026-10-21: North Macedonia Public Revenue Administration reports record income data North Macedonia's Public Revenue Administration reported that a four-year-old earned 3.1 million denars in dividends, while the highest annual income reached approximately 4.19 million euros. 3 sources. https://clstr.news/cluster/north-macedonia-public-revenue-administration-reports-record-income-data ### 2026-10-21: North Macedonia VAT refunds to businesses decline for second consecutive year VAT refunds to North Macedonian businesses fell by 3.29% in 2025, totaling 540.2 million euros, amid increased tax collection and government investigations into refund abuses. 2 sources. https://clstr.news/cluster/north-macedonia-vat-refunds-to-businesses-decline-for-second-consecutive-year --- Cite as: North Macedonia fiscal and income reporting. CLSTR, https://clstr.news/situations/north-macedonia-fiscal-and-income-reporting