Раду Мариан
The chairman of the parliamentary commission for economy, budget and finance, Radu Marian, clarified this for LP. He noted that the law on the amendment of normative acts (related to taxation), registered in the parliament, was elaborated in order to eliminate inconsistencies, clarify provisions and stimulate certain sectors of the economy by means of tax adjustments.
Some of them have already been presented in our newsfeed. They concern raising the threshold for registration as a VAT payer, as well as retaining the zero income tax rate on profits not distributed as dividends in 2026. The proposal to retain the current regime of excise taxes on car imports and postpone the introduction of VAT on car imports is from the same package of initiatives.
In addition, some concepts of the Tax Code will be revised. Thus, it is proposed to put in a new edition of paragraph 38) of Article 5 of the Tax Code, concerning the concept of “promotional company”, with the explanation that the current edition does not correspond to the programs developed by the business community to promote sales and cashless payments. The current definition prescribes that “A promotional campaign is a way to promote sales by organizing contests, games, lotteries, publicly announced and held during a limited period with the awarding of gifts, prizes, winnings”.”.
The authors of the amendment believe that promotional campaigns should not be limited in time and would be actions to promote products/services as a result of commercial practices realized by taxpayers.
If the draft is approved as amended by the authors, a promotional campaign will be understood as “a way to promote sales with or without organizing contests to promote publicly announced sales with the provision of gifts, prizes, cashback, bonuses or other winnings/incentives as a result of commercial practices implemented by the taxpayer”.
At the same time, it is envisaged to adjust Article 541 of the Tax Code, which regulates the treatment of subjects subject to income tax at 4% (SME sector). It will be revised in the part concerning the limit of their registration as VAT payers.
As it is proposed to increase the threshold of registration as VAT taxable subjects from MDL 1.2 million to MDL 1.5 million, it is necessary to harmonize this proposal with the provisions related to the application of this preferential regime.
