As logos-press.md previously reported, the draft was prepared by a group of Communist MPs on the basis of the principle of conformity, which, as its authors noted, applies in similar cases. Since the assessment of real estate objects implies a potential 2-3 times increase in the real estate tax, they proposed to increase the exemption limits at the same time. Especially since the thresholds, as well as the value of real estate objects, have not been revised for more than 15 years.
The government’s opinion notes that in the process of drafting the tax and customs policy for 2027, the Finance Ministry will revise the regulatory framework related to the taxation of real estate. Given this fact, it does not support the initiative.
The Cabinet of Ministers intends to support the projects that concern the re-introduction of maximum rates and the exclusion of minimum rates of real estate tax, as well as the transfer of powers to local authorities to establish the categories of individuals who can enjoy exemption or reduction of real estate tax and the amount of these benefits.
The government’s response also notes that the process of real estate valuation and revaluation at the national level has not yet been finalized. Therefore, in the absence of a final cadastral value, changing the value thresholds applied for granting tax exemptions is premature and insufficiently justified.
