Moldova Finance Ministry Discusses New Rules for Taxi Platforms

The Ministry of Finance discussed the operations of taxi platforms

The creation of a clear and effective mechanism for recording the activities and revenue of passenger transport services provided by taxis via electronic platforms will enable all participants in this business to comply with their tax obligations. This was discussed at the Ministry of Finance during a meeting dedicated to this service.

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The meeting was attended by Finance Minister Victoria Belous, representatives of the State Tax Service, taxpayers operating in this sector, and professional associations.

The parties discussed issues relating to the registration and accounting of such activities carried out via electronic platforms, as well as the problems faced by operators and drivers. The meeting participants also touched upon the topic of identifying and preventing violations in this sector.

Lack of transparency in financial flows

Moldova is currently changing the rules of the game for taxi-booking platforms (Yandex Go, Bolt, etc.) to address the issue of non-transparent financial flows. Operators often use schemes whereby payment for journeys and platform commissions are channelled through external (non-Moldovan) financial channels. This makes it difficult for the tax authorities to track the money, calculate VAT correctly and combat tax evasion.

A bill setting out the rules for this market was passed at first reading in the summer. It stipulates that electronic platforms operating in Moldova (there are currently four taxi platforms registered, operating on the basis of a notification) must be tax residents of the country. Furthermore, all transactions (payments for journeys, platform commissions) must be processed exclusively through licensed Moldovan banks.

The Ministry of Finance is currently continuing to work on the details: the department is drawing up rules for revenue accounting to make the system more transparent and predictable.

In this regard, Finance Minister Victoria Belous emphasised the importance of ongoing dialogue with industry representatives to identify and remove the obstacles they face.

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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