It is planned to approve the fiscal policy of Moldova for 2021 before the summer holidays of the parliament, so that the business could prepare their business plans during 5-6 months.

It is planned to approve the fiscal policy of Moldova for 2021 before the summer holidays of the parliament, so that the business could prepare their business plans during 5-6 months.

This was stated by Deputy Prime Minister and Minister of Finance Sergiu Puscuta at a meeting with representatives of the Association of Foreign Investors of Moldova, at which the parties discussed proposals for fiscal policy for 2021. At the beginning of the meeting, Sergiu Puscuta noted that the Ministry of Finance’s goal is to develop the national economy, support business environment, as well as compliance with the budget calendar, so that deputies approved the tax policy for the next year before the summer holidays of the parliament. “Voting for fiscal policy in a timely manner would provide 5-6 months, during which economic agents could prepare their business plans, could make adjustments to the reporting and accounting systems,” emphasized Sergiu Puscuta. In this context, the State Secretary of the Ministry of Finance, Dorel Noroc, noted the priorities of tax policy for the next year: simplification of tax administration, ensuring a fair tax payment system, reducing reporting costs and paying taxes and fees, standardizing tax regimes, and ensuring predictability in applying taxes and fees. In turn, members of the Association of Foreign Investors of Moldova thanked the Ministry of Finance for the openness shown to the business environment in the process of developing tax policy for next year. In addition, during the meeting, were positively evaluated some preliminary proposals on fiscal policy presented by the Ministry of Finance, as well as new proposals were put forward by members of the Association of Foreign Investors of Moldova, which they will consider in the financial department. //25.02.2020 — InfoMarket.

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