News about Tax policy

The local self-government reform is necessary, but its success depends on financial instruments, said Edinet mayor Constantin Cojocaru.

Cab app owners will be obliged to make all payments in Moldova only through local banks or legal payment systems.

The Secretariat of the Economic Council under the Prime Minister of Moldova, in cooperation with the European Business Association of Moldova, launched two public opinion polls. They are dedicated to freelancers and companies that cooperate with them.

The current tax regime applicable to companies undergoing mergers, demergers, asset transfers and share swaps established by the Tax Code will be amended.

The European Commission has fined Chinese marketplace Temu 200 million euros after an extensive investigation that found dangerous children’s toys and faulty chargers on the platform.

The State Tax Service together with the Prosecutor’s Office for Combating Organized Crime and Special Cases (PCCOCS) announced the uncovering of a new money laundering scheme worth more than LE 10,000,000.

The education sector has become the scene of a fierce political confrontation between local and central authorities. Chisinau Mayor General Ion Ceban accuses the leadership of the country’s intention to deprive the capital of 330 million lei in just one year. In response, Education Minister Dan Perciun says the reform is vital to the system and reproaches the Chisinau mayor’s office for leaving more than a billion lei unspent over the past six years. The conflict continued in parliament.

Details of the reform of the education system have emerged. It involves the transfer of education departments and, consequently, schools from local authorities to the direct subordination of the Ministry of Education and Research. In this context, the government proposes to reduce the share of personal income tax that remains in the budgets of Chisinau and Balti municipalities from 50% to 45% of the amount collected.

Ukraine may face the threat of suspension of financing from the IMF and the EU as early as this summer. The reason for this is delays with the law on taxation of international parcels, which international partners are demanding.

A legislative initiative to abolish customs duties on imports of wind turbines and energy storage systems (BESS) has been submitted to the Moldovan Parliament.

Russia is changing the rules for importing goods from Eurasian Economic Union (EAEU) countries from June 1, 2026, strengthening preliminary control over shipments and introducing mandatory electronic confirmation for importers.

The Russian railway authority is raising tariffs for freight transportation to and from the Baltic States and Finland to Russia. Among other things, from June 15, a coefficient of 1.359 will be applied to transit tariffs on the territory of Russian Railways through Russian-Latvian, Russian-Estonian, Russian-Finnish border railway crossings. This will affect exports of grain and oilseeds from Central Asia, particularly Kazakhstan, to these EU countries.

According to the operational data of the State Tax Service (STS), the state budget revenues administered by the agency, from May 18 to May 22, 2026, amounted to about 1.8 billion lei

The richest part of Europe’s population (0.1%) receive about 4.5% of all income, but their share varies greatly from country to country. Tax systems and wage inequality play a key role in this.

Ilon Musk once again intervened in the discussion about corporate taxes in the United States, supporting the publication that high taxes encourage companies to move their business to states with a more lenient fiscal regime. The topic once again aggravated the dispute over the future of California as the main technological center of the United States.

At the end of last week, the process of discussing tax changes planned for next year de facto started. The Minister of Finance familiarized representatives of business associations with the main proposals of the ministry.

The richest one in a thousand residents of Europe receives about 4.5% of all incomes, but in different countries this figure differs several times – from less than 2% to more than 10%. This is evidenced by the data of the World Inequality Database.

The Russian authorities intend to increase tax levies for foreign nationals by 5-12 times. The State Duma of the Russian Federation will consider the relevant amendments next week.

Montenegro is preparing for the biggest tax reform of the digital economy. The country’s authorities intend to implement the VAT model in force in the European Union and oblige international online platforms to automatically withhold taxes from users.

Latvia’s Ministry of Economy has signed an agreement with food traders to reduce the VAT rate from 21% to 12% on basic food products in stores from July 1 this year. The list includes bread, fresh milk, chilled poultry meat and eggs.