A group of deputies from the Communist faction has prepared and registered in Parliament a draft law proposing to triple the exemption limits on real estate tax, currently in force in Moldova, Logos Press reports.

Representatives of the Congress of Local Authorities (CALM) are pushing for local and central governments to work together in the process of setting new property tax rates, according to Logos Press.

The government plans to change the methodology for assessing real estate taxes on individuals and businesses to allow city halls to apply coefficients and set tax amounts “based on a more transparent reality”, according to Logos Press.
