The Parliament of Moldova adopted in the final, third reading the draft fiscal and customs policy for 2023.
According to the report of the Commission on Economy, Budget and Finance, at the plenary session on December 22, during the consideration of the bill in the second reading, two amendments were introduced and adopted, including one concerning the postponement for 3 months of the entry into force of the rules aimed at introducing a reference price at sales of cigarettes and cigarrils. These proposals are approved within the framework of the third reading, after a positive government opinion was received on them the day before. Radu Marian, Deputy Chairman of the Commission on Economy, Budget and Finance, specified that increased excises on cigarettes will come into force on January 1, 2023. In accordance with the provisions of the Rules of Procedure of Parliament, the final reading of complex bills is mandatory. Thus, the bill was submitted for revision, and today it was voted for in the final reading. As previously reported, the main objectives of the draft fiscal and customs policy for 2023 are: identifying tools for economic growth, simplifying the mechanism for calculating and paying taxes and fees, improving tax reporting processes, and harmonizing with EU legislation. According to the authorities, the fiscal and customs policies for 2023 offer a number of important measures to help businesses. The document contains a number of proactive measures that will help create better conditions for economic development, including: the introduction of a zero income tax rate for micro, small and medium-sized enterprises in case of non-distribution of net profit related to the 2023-2025 financial years; accelerated depreciation of investments for large enterprises; implementation of the concept for the refund of the amount of VAT accumulated on the account from January 1, 2023; reverse charge of VAT on imports of services. Also, the draft fiscal and customs policy for 2023 provides for measures to increase the revenues of local public authorities, in particular, mayors, including through the redistribution of certain taxes. At the same time, the limit values for food coupons will be increased: from 35 to 55 lei and from 55 to 70 lei, as well as the limit values for the value of fixed assets, on which depreciation is charged for tax purposes, from 6,000 to 12,000 lei. The draft also provides for amendments to the Law on a unified system of remuneration in the public sector. Thus, the minimum wage of public sector employees will be increased from 3,500 to 4,000 lei. At the same time, the term for trading on the basis of a patent will be extended until July 1, 2023, and 100% of the proceeds from the fee for the use of roads will be directed to local budgets in the form of general-purpose transfers. // 29.12.2022 — InfoMarket
