Taxes

The abolition of the discount in case of full early payment of real estate tax will bring about 35 million lei to local budgets in 2021.

The abolition of the discount in case of full early payment of real estate tax will bring about 35 million lei to local budgets in 2021.

03.12.2020

According to the draft tax policy for 2021, starting next year, Moldova will cancel the 15% discount provided when paying the full amount of real estate tax before June 30. This will strengthen the financial autonomy of local governments. Cancellation of this discount was previously recommended by the World Bank, which indicated that the benefit is provided on the basis of subjective criteria associated with a group of taxpayers. It should be noted that in recent years almost 80% of taxpayers paid real estate tax with a 15% discount. Previously, two mandatory deadlines were also in force for paying ...
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