Since 2020, a tax amnesty will be canceled in Moldova, and since 2022 exemptions for income estimated by indirect methods will be abolished.

Since 2020, a tax amnesty will be canceled in Moldova, and since 2022 exemptions for income estimated by indirect methods will be abolished.

This is provided for by the parliamentary package of tax measures agreed with the IMF. According to the document, some provisions on the application of the Law on Voluntary Declaration and Tax Incentives were abolished. In particular, was lifted the ban on checking the correctness of calculation, declaration and payment of taxes, fees and other payments to the state budget, budgets of administrative-territorial units, state insurance contributions and compulsory health insurance for tax periods until January 1, 2018. In addition, amendments were made to the Tax Code in order to counter tax fraud in the course of tax control carried out by indirect methods and sources. Today, the STS applies indirect methods of assessing taxable income only to citizens whose difference between the estimated and received and / or declared by an individual taxable income exceeds 300 thousand lei. And if the income estimated by indirect methods and sources exceeds the declared amount by less than 500 thousand lei, it is exempted from tax obligations. However, citizens subject to these checks, in order to reduce taxable income, submit a lot of loan agreements between individuals in the amount of 500 thousand lei during tax control, although in fact such transactions were not carried out. Moreover, on the basis of the law, they enjoy the right to underestimate income by 500 thousand lei. In order to fill this gap in the legislation, the Ministry of Finance proposed to exclude from the Tax Code a provision allowing lowering taxable income by 500 thousand lei when assessing income by indirect methods. There will also be an addition that the estimated taxable income will be underestimated by the amount taken on credit by the taxpayer subject to verification only if it provides confirmation that the source of the loan amount has paid taxes to the national public budget or these funds have been declared, according to legislation. In addition, the provisions of the Tax Code will be abolished, according to which the amounts declared by individuals are considered non-taxable and taken into account when determining the estimated taxable income after tax control received after January 1, 2012.// 17.08.2019 — InfoMarket.

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