News about Tax policy

The VAT rate applicable to the HoReCa sector during the state of emergency declared by Parliament on Tuesday will not change.

The procedure for the operation of tax checkpoints will be adjusted. The authorities intend to improve the legal framework in this respect, taking into account the proposals of taxpayers.

Companies have received protection from blocking of bank accounts and forced collection of funds in cases when debts are formed due to unfulfilled obligations of state institutions. The corresponding norm is included in the package of legislative amendments finally approved by the Parliament on Thursday, March 26.

UPDATED. The creation of the Convergence Fund was faced with inconsistency of tax systems: on the right bank of the Nistru River there is VAT, while on the left bank there is turnover tax. This complicates the unification of tax rules. But the authorities are ready to work in a “very friendly manner” to gradually implement unified rules and ensure equal conditions for business on both banks of the Nistru River.

Cashier’s checks issued by individuals engaged in independent trade activities will no longer contain an identification number, first name, last name, and address.

Latvia has approved a bill to reduce excise duty on diesel fuel by 15%. This will reduce the price by 8.6 cents per liter, including VAT. In addition, excise duty will be reduced on diesel fuel for farmers, which will reduce its price by 5.9 cents per liter.

The Government is “against” the introduction of exemption from real estate tax on the purchase of a first home. At the same time, the Cabinet of Ministers is “in favor” of reintroducing the maximum rates for this tax.

Until April 30, 2026 individuals-citizens must file income tax returns for 2025. The State Tax Service reminds about this, emphasizing that it refers to individuals who do not carry out entrepreneurial activities.

Property owners can check and challenge the valuation of their house or apartment until April 30 this year, using the online platform geodata.gov.md.

The rights of former patentees to protection of personal data continue to be violated. The state does not respond to the publication of their personal information in checks, and the draft law on the protection of this data has been awaiting a government response for over six months.

Reporting financial institutions (so-called reporting units) will submit to the State Tax Service (STS) additional information on the financial accounts of enterprises.

Austria wants to temporarily reduce the tax on mineral fuels: as a first step, the tax on diesel and gasoline is to be reduced by 5 euro cents per liter each, the Austrian federal government has announced.

The quota trading system has divided EU countries at today’s summit. The 27 leaders agree that energy prices are a serious problem, but disagree on how to solve it.

The European e-cigarette market is now at the peak of growth, but almost half of the turnover is out of state control. This is the conclusion reached by the authors of a new international study on the structure of the illegal vape market in Europe, presented at a press conference by experts from Fraunhofer IIS and MRU GmbH (Germany).

The norm of the minimum stock of gasoline in Moldova is reduced from 8,000 tons to 5,000 tons. At the same time, the retail sale of diesel in consumer containers is limited to 20 liters per purchase. These measures are taken by the government in order to optimize the use of storage capacity and avoid blocking stocks.

Russian law enforcement authorities have uncovered a large-scale fraudulent scheme for illegal VAT refunds used when importing Moldovan apples into the Russian Federation.

The government does not support the draft law on raising the limits on the use of cash by citizens in transactions involving the purchase of real estate and vehicles.

Businesses will be able to avoid having their accounts blocked due to tax debts if they are incurred through the fault of the state. Such a provision will come into force if parliament approves the draft law on a package of proposals to support entrepreneurial activity in the second reading.

Moldovan Finance Minister Andrian Gavrilice has confirmed the development of a large-scale tax reform that could lead to the adoption of a new Tax Code next year.

Independent businesswomen (freelancers) will receive maternity benefits under amended rules. A legislative initiative approved by Parliament in the first reading prescribes new conditions under which they may be granted such an opportunity.