Moldova’s Tax Authority Collects 1.4 Billion Lei in One Week

Last week, 1.4 billion lei in tax revenue was paid into the budget

Over the past week – from 2 to 6 November – the State Tax Service (STS) ensured that approximately 1.4 billion lei was paid into the national public budget.

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This sum includes not only ‘pure’ taxes (VAT, income tax, etc.). It also comprises additional liabilities arising from audits (taxes, levies, late payment penalties, fines), funds recovered by enforcement from debtors, and proceeds from the sale of confiscated property.

The figures may be higher or lower depending on the frequency of audits, changes in legislation and seasonal fluctuations in business activity.

For instance, during the period under review, the tax authorities carried out 158 tax visits to 141 taxpayers and issued 120 decisions on cases of legislative breaches. As a result, additional liabilities totalling 8.4 million lei were charged to the budget, including taxes, duties, late payment penalties and fines.

In addition, 73 decisions were issued regarding VAT refunds from the budget. The total amount of tax approved for refund amounted to 240.7 million lei.

At the same time, 36.35 million lei was recovered from taxpayers with outstanding debts through enforced collection.

Also, over the past week, the State Tax Service registered 36 cases relating to confiscated property with a total value of 1.431 million lei. The sale of this property generated 111,440 lei for the state budget.

This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.

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