News about Tax policy

The Ministry of Finance has launched an online calculator that helps employees calculate how their salaries will change following the tax reform.

Starting January 1, 2027, the minimum rate for property tax and land tax may be 0.1%, and the maximum rate may be 1%. This amendment is included in the draft tax policy for 2027.

The authorities are proposing to introduce an income tax of 3% on the revenue of the state-owned gambling operator (the National Lottery of Moldova).

The National Confederation of Trade Unions of Moldova (CNSM) has submitted a comprehensive opinion to the Ministry of Finance and the State Chancellery regarding the draft law on simplifying tax and customs legislation. The unions disagree with a number of measures which, in their view, could affect the standard of living, social protection for workers, and the competitiveness of the national economy.

Fines for illegal business activities, violations of accounting rules, and non-compliance with cash register regulations may also increase.

The Ministry of Finance proposes imposing a fine for resubmitting a customs declaration and granting customs officials the authority to conduct searches in cases involving administrative offenses.

The Ministry of Finance intends to streamline the system of tax regimes and revise the rules for independent entrepreneurs working in the retail sector. It plans to maintain a preferential tax regime for them while raising the tax rate to 3%.

A public discussion on the draft budget and tax policy for 2027 will be held this week at various venues. The document has been discussed by the Economic Council under the Prime Minister and is scheduled to be reviewed by the tripartite commission on collective bargaining, comprising the government, employers’ associations, and labor unions.

A well-known IT entrepreneur who served as president of the Association of IT Companies of Moldova for 15 years, Veaceslav Cunev, commented on the tax initiatives put forward for discussion by the Ministry of Finance regarding changes to tax policy for 2027.

The State Tax Service is expanding the automatic exchange of financial information with foreign partners. Parliament has ratified amendments that include digital assets, such as cryptocurrencies, in the reporting system and expand the range of data subject to automatic exchange.

Starting in 2027, the Moldovan authorities intend to streamline the system of tax regimes by reducing their number and revising the conditions for their application. The general tax regime, the independent entrepreneurship regime, and preferential regimes for special economic zones and the information technology park will remain in place.

The authorities are proposing to review the system of business deductions and simplify it by amending Article 24 of the Tax Code.

Prime Minister Alexandru Munteanu on Tax Policy 2027: We are proposing a reform developed through dialogue that will support economic development, investment, and growth in people’s incomes.

Capital gains realized on the sale of a primary residence will be exempt from income tax only if the amount does not exceed 1 million lei. If the limit is exceeded, the amount will be subject to income tax at a rate of 15%.

Effective January 1, 2027, cash gifts in Moldova may be included in the recipient’s gross taxable income. This does not apply to transfers between spouses and first-degree relatives.

The Customs Service (CS) has released its revenue figures for the first five months of 2026. Overall, revenue has increased, although excise taxes on imported cars, gas, and wine have declined slightly compared to last year.

The draft tax policy for 2027 includes changes and additions regarding excise tax policy and a number of new excisable goods.

The draft bill on tax policy measures for the coming year, proposed by the Ministry of Finance and submitted for public consultation, contains several proposals to raise personal income tax rates.

By 1%, the income tax rate on dividends, interest payments from banks, credit unions, crowdfunding service providers, and issuers of debt obligations and bonds will increase from 6% to 7%.  It will also apply to income earned by individuals from the supply of agricultural products in kind.

To encourage legal employment and ensure that every worker receives a monthly income, the authorities are proposing to replace the current personal tax exemption with monthly payments. These payments will be funded by refunding a portion of the income tax they have paid.