Economic agents have a week left to submit income tax declarations.

Economic agents have a week left to submit income tax declarations.

The deadline for filing income tax declarations by legal entities and individuals engaged in entrepreneurial activities, as well as individuals engaged in independent activities, expires on March 25. The income tax declaration can be submitted to the State Tax Service, as well as online - through the electronic declaration service. The State Tax Service calls upon taxpayers to fulfill their obligations in time to declare and pay income tax, otherwise they will be charged a fine. It is noted that for individual entrepreneurs in accordance with the current legislation, for the first stage of the 2018 tax period, the income tax will be 7% of the taxable income in the amount of up to 24 thousand 750 lei and, accordingly, 18% of the taxable income over this amount. For the second stage of the 2018 tax period, the income tax will be 12% of the total amount of taxable income received. For peasant households, the tax will be 7% and will be applied at both stages in 2018, and for taxpayers working in the justice sector, the income tax will be 18%. More details on the site www.fisc.md. // 18.03.2019 — InfoMarket.

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