News about State budget and taxes
Prime Minister Vasile Tofan is proposing to revise the procedure for granting tax breaks on reinvested profits following an incident involving a small business in the village of Gidigich, Chisinau Municipality, which lost its right to a zero income tax rate on reinvested profits because it filed its tax return seven days late.
Prime Minister Vasile Tofan called on ministers to take a more critical approach to approving overseas trips by civil servants, noting that some of them do not align with the government’s priorities. In particular, he expressed outrage over a request from one of the state secretaries for a week-long trip to India—a place with “beautiful beaches”—even though there is plenty of work to be done in the country right now.
The Ministry of Finance is continuing its dialogue with farmers to find solutions that will support them while also promoting the sector’s development.
Nearly £150,000 of British taxpayers’ money has already been spent on cleaning up after three Banksy works appeared on public buildings. This amount includes the costs of removing the images, overtime, and securing the sites. Meanwhile, the costs continue to rise.
At the end of 2025, the National Bank of Moldova’s net profit totaled 1.82 billion lei. The NBM’s transition to the euro as its primary settlement currency helped reduce costs and improve the overall efficiency of operations in the domestic market, which enabled it to pay dividends to the state and replenish its own reserves.
Total budget revenues administered by the State Tax Service from August 3 to 7, 2026, amounted to approximately 1.5 billion lei.
A total of 3,537 notices regarding the payment of the unified tax for July 2026 were sent to the email addresses of freelancers. The calculated amount of the unified tax was 6,915,954.51 lei.
About eight million people will be affected by the reforms that the German government plans to implement. This was stated by Ulrich Schneider, a member of the Left Party’s executive board, who has reviewed the plans of the ruling coalition consisting of the CDU/CSU and the SPD.
Approximately 60.5% of local budget revenues come from transfers from the national budget. By comparison, the average for countries in Southeast Europe is about 30%. MP Angela Cutasevici proposes increasing the share of revenue that remains at the disposal of local budgets.
The Ministry of Finance announced today the launch of a new subscription round for government securities from August 10 to 24, 2026, via the eVMS.md platform.
Starting October 1, 2026, Moldova plans to introduce a VAT on online sales of goods to individuals. The tax will apply to packages valued at up to 150 euros. The proposed VAT rate for these packages is the standard rate of 20%.
The new tax reform promises workers more money in their wallets, but this windfall risks being swallowed up by rising prices for energy, fuel, and essential goods. This is the view expressed by experts from the civic movement “Construim Încredere” (“Building Trust”), led by former MP Olesea Stamate.
The Agency for Agricultural Interventions and Payments (AIPA) announced the start of financial aid payments to farmers whose corn and sunflower crops were damaged by drought and extreme heat in 2025.
An increase in the corporate income tax rate from 12% to 18% could reduce the banking sector’s maximum lending capacity by approximately 2.5 billion lei. However, according to Dorel Noroc, chairman of the Moldovan Banking Association, the volume of lending will not decrease, although banks’ ability to finance the economy will be limited.
Customs Service officials conducted three searches in southern Moldova as part of a criminal investigation into the smuggling of tobacco products.
Revenue collected from taxes on “vices” could be used to increase teachers’ salaries. According to government estimates, tax measures targeting products associated with harmful habits could generate approximately 1.6 billion lei for the budget.
Beekeepers in the village of Costesti, in the Ialoveni District, account for 40% of all honey exports from the Republic of Moldova.
From August 3 to 9, 2026, revenue from the Customs Service to the state budget totaled more than 847.3 million lei. Since the beginning of this year, approximately 25.42 billion lei has been collected for the state treasury, representing 102.5% of the target.
Rep. Ion Kiku is proposing two alternative options for taxing the banking sector amid the increase in the corporate income tax rate from 12% to 18%.
Marcel Bobeica, mayor of the commune of Gangura in the Yaloveț district and vice president of CALM, draws attention to the problems and ambiguities associated with local government reform in Moldova.
