The government has approved the 2nd package of amendments to the legislation aimed at simplifying business activities.
The approved draft law envisages a series of amendments to the customs and tax legislation, which are meant to contribute to the reduction of bureaucracy and simplification of business activity, development of e-commerce, facilitation of the HoReCa sector, etc., which will allow businesses to save at least 0.5 billion lei annually (0.2% of GDP). According to the draft, the amount of unpaid obligations to the national public budget will be increased from 100 to 500 lei, which will not be considered a debt. 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 register equipment (CRE) 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 conventional units) for damage, loss, destruction, absence of the log of the cash register for chronological registration of tax data stored in the fiscal memory, or its irregular or incomplete (insufficient) filling. This will save companies from having to paste Z-reports into the CRE log on a daily basis. The procedure for application of VAT on re-import in case of e-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, will be exempted 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, at 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 - for individuals. Complaints will be submitted both on paper and electronically. The Tax Code will be supplemented with provisions on the application of 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). The draft law should be approved by the Parliament. // 11.10.2023 - InfoMarket.
