Moldova MPs back limits on cash payments in major deals
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The rejection of restrictions on cash was not supported in parliament

The Parliamentary Commission on Economy, Budget and Finance has expressed its support for retaining the rules on cash payments. The commissioners, who represent the parliamentary majority, argue that restrictions on cash payments, including a €10,000 limit for transactions between individuals, which comes into effect from July 2027, are important to combat the shadow economy.
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The rejection of restrictions on cash was not supported in parliament

“Restricting cash payments in real estate and car transactions for large sums is an established European practice designed to prevent tax evasion and money laundering. Moreover, these reforms are directly linked to the process of our integration into the Single Euro Payments Area (SEPA), which significantly reduces banking fees for all citizens, including those living abroad,” one of the commissioners emphasized.

Earlier, logos-press.md reported about the draft law registered in Parliament by the faction of the “Alternative” bloc. The document was aimed at eliminating barriers to cash payments when buying real estate, as well as difficulties faced by entrepreneurs in their activity. The authors of the initiative emphasized that the current law, which came into force on April 1, 2925, goes beyond the European framework, which sets fewer restrictions.

Earlier, a negative response to the initiative was submitted by the government.



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