The budget of the FISCALIS program for Moldova for 2023-2027 will reach 269 million euros.
The government approved a draft law on the ratification of the Agreement between Moldova and the European Union on the participation of our country in the Fiscal Cooperation Union program - FISCALIS. The agreement was signed in Brussels on February 7, 2023. Participation in the EU FISCALIS program will help improve exchange of tax information and strengthen administrative capacity and IT skills through development and operation of specialized electronic systems. The 269 million euros aid planned for 2023-2027 is intended to cover the costs of training, monitoring, control, auditing, evaluation and other activities to manage the program and assess the achievement of its goals. In addition, this amount may cover costs related to training, expert meetings, informational activities, as they relate to the objectives of the program, as well as cover costs related to technical and administrative assistance required in connection with the management of the program. At the same time, it should be noted that Moldova will have to pay a contribution for participation in the program. The operational contribution is based on a standard calculation applicable to all European Commission programs. It is based on the program budget and Moldova's GDP compared to the EU GDP at market prices. The participation fee is determined as a percentage of the operational fee. Under the agreement, the participation fee will be 4% of the initial annual operating fee and will be phased in: from 1.5% in 2023 to 4% in 2027. The participation fee is not subject to adjustments or corrections. Contributions may be paid in one or two installments per year, depending on the outcome of negotiations. Any delay in the payment of the financial contribution will result in Moldova paying interest (the amount is not specified in the draft government decision) on the outstanding amount from the date of payment. The draft law on ratification of the Agreement between Moldova and the European Union on our country's participation in the Fiscal Cooperation Union - FISCALIS program will be sent to the Moldovan President for ratification. // 19.04.2023 - InfoMarket.
