Moldova starts public consultations on the 2nd package of laws on business facilitation.
The draft law announced by the Ministry of Economic Development and Digitalization contains amendments to customs and tax legislation, which are intended to facilitate entrepreneurial activity, development of e-commerce, facilitation of HoReCa sector, etc. Most of the proposals concern the tax sphere. Thus, the amount of arrears (unpaid tax liabilities to the national public budget) will be increased from 100 to 500 lei. It will be established the right to deduct VAT on purchases of goods and services made by taxpayers on the basis of tax revenues and paid by means of a business payment card, if the value of purchases does not exceed 2000 lei including VAT, but within 10 thousand lei in one tax period. The necessity to keep a log of the cash control equipment (CCE) connected to the system of electronic sales monitoring, kept by the State Tax Service (STS), is canceled. In particular, the Contravention Code will abolish the fine (from 18 to 30 conditional units) for damage, loss, destruction, absence of the CCE journal for chronological registration of tax data stored in the fiscal memory, or its irregular or incomplete (insufficient) filling. The procedure for applying VAT on re-imports in the case of electronic commerce will be revised. Thus, domestic goods previously exported using postal services and re-imported within 3 months from the date of exportation, in the same condition, are exempt from VAT without the right of deduction. If the amount of VAT for the goods is refunded upon export, the taxpayer will be required to calculate and declare the amount of VAT for the month in which the re-entry of the goods occurred. Another change concerns the reduction of the minimum amount of tax liabilities, in the presence of which it is possible to file complaints with the Council for Dispute Resolution: from 500 thousand to 250 thousand lei for legal entities and from 250 thousand to 125 thousand lei - for individuals. Complaints will be submitted both on paper and electronically. The Tax Code will be supplemented with provisions on the application of the previously approved requirements for digitalization and electronic communication for interaction with the STS, which implies widespread use of electronic documents and remote communication. The intervention relates to provisions that also include physical visits to the tax authority (including in the case of a summons to the STS), application of holographic signatures and exchange of information on paper. The bill also provides for a number of amendments to customs legislation. Thus, gasoline, diesel fuel and their derivatives can be placed in the customs warehouse regime. This initiative will significantly increase the volume of import and export operations with petroleum products delivered by land transport logistics, including by railroads available within oil bases and gas terminals, by optimizing, increasing and facilitating logistics operations, and will generally meet the domestic needs of Moldova, as well as neighboring Ukraine. It is planned to introduce modern forms of online declaration of goods imported and exported to/from the territory of Moldova by international mail or unaccompanied baggage (today they are declared only in writing). It is also proposed to repeal the Law on regulation of repatriation of money, goods and services obtained as a result of foreign economic transactions. Consultation on the bill is open until August 11: https://goo.su/S0HlIVY. // 04.08.2023 - InfoMarket.
