Send us a message, and we will definitely consider your suggestions and comments.
Category: Banks & Finance
The Cabinet of Ministers has approved an increase from 20% to 70% of the VAT refund amount and simplified the procedure for obtaining it without a tax audit, Logos Press reported.
The execution of the state budget for the end of the first half of 2025 ended with a deficit of 7.7 billion lei, while at the end of May it amounted to 5.6 billion lei, Logos Press reported.
The State Tax Service imposed tax penalties in July worth 1.1 million lei and administrative fines amounting to 440,000 lei, Logos Press reported.
The European Commission has presented a TEDOR proposal as part of the EU’s new €2 trillion long-term budget, Logos Press reported, citing Euronews.
Moldcell mobile operator announced its participation in an international strategic initiative to acquire shares of OCN Prime Capital SRL, one of the most famous non-banking credit institutions on the Moldovan market.
Vacation vouchers are an important new tax instrument to stimulate the development of rural tourism and local economy in Moldova. This was announced by the Ministry of Finance at an information session on the new tax measure on vouchers, an instrument aimed at supporting the development of tourism in rural Moldova and providing benefits to employees and employers.
The total income tax declared by legal entities-residents of Moldova for 2024 amounted to 7.5 billion lei. The data are presented in the report of the State Tax Service.
The volume of issued GS, offered to the population in July, was not fully redeemed, which indicates a decreased interest in investing in government securities with reduced yields, – reports Logos Press.
Specialists of the State Tax Service have discovered undeclared value added tax in the course of VAT administration measures. According to the tax service, these were “the simplest and most effective measures to reduce the risks of non-compliance”.
World Bank Group experts at the final stage of Moldova’s Financial Sector Assessment Program (FSAP) held a series of meetings with the local expert community on loans to the economy, Logos Press reports.
During the 2024 tax period, individuals declared income of 129.0 billion lei, from which they paid 10.3 billion lei of income tax,” Logos Press reported.
The cumulative tax on income declared by legal entities for 2024 amounted to 7.5 billion lei,” Logos Press reported.
At the end of June, the inflow of credit funds from abroad exceeded the outflow, and as a result, the balance of external public debt became positive, according to the Ministry of Finance,” Logos Press reported.
Technologies are firmly entering all spheres of social and economic life. At the same time, their development is so rapid that the authorities do not have time to fit them into the regulatory and legal framework. New payment instruments are especially difficult to legalize. Recently, the government has opened the legislative floodgates with regard to PayPal (and not only).
According to National Bank statistics, the volume of remittances to individuals from abroad in June 2025 increased in annualized terms from $134 million to $142 million, or by 6.8%, Logos Press reported.
In the first six months of 2025, according to the submitted reports, companies transferred to the state budget 23.05 billion lei in payroll taxes, which is 13.56% more compared to the same period of 2024,” Logos Press reported.
The National Bank issued a clarification of Mr. Alaiba’s job description, thus expressing solidarity with the legislature’s decision,” Logos Press reported.
The Ministry of Finance is inviting those wishing to invest in government securities with a reduction in their yields, Logos Press reported.
Despite the growth of transactions and payment instruments, the population is more active in the market of cash currencies, especially the single European currency, – reports Logos Press.
In June, the total volume of new loans issued by banks amounted to about 7 billion lei, increasing by 6% compared to May. The volume of new term deposits amounted to 3.5 billion lei, decreasing by 15.2% over the month,” Logos Press reported.
