The Finance Ministry held the first public hearings on the draft fiscal and customs policy for 2025.
According to the press service of the Ministry of Finance, the event was attended by representatives of the department, business associations, employers and trade unions. Finance Minister Petru Rotaru said that by the end of July this year it is planned to approve the draft tax and customs policy for 2025 in order to ensure compliance with the rules for their implementation. At the same time, he emphasized that the meeting and discussions were caused by the need to discuss and clarify some conceptual issues from the very beginning. State Secretary of the Ministry of Finance Cristina Ixari noted that the tax policy goals for the next year mainly concern technical changes or specification and generally retain the prerogatives of tax and customs policy that were promoted in previous years. During the discussions, participants presented a number of proposals, they relate to the implementation of the concept of life insurance, the revision of certain provisions of the legislative framework related to transfer prices, the taxation regime for land and its lease, taxes relating to personal income received from capital gains or interest related to government securities purchased on the platform of the Ministry of Finance and related to bonds issued by local public authorities. Tools for stimulating employment and employee retention were also discussed. On some more complex or controversial aspects, as noted by the Ministry of Finance, additional discussions will be held at the request of the participants. Representatives of business, trade unions and patronages assessed compliance with the calendar for developing the draft tax and customs policy for 2025 established in the Law on Public Finance and Budget Transparency, as well as the inclusion of a number of initiatives that business has been promoting for a long time. It is planned that the Ministry of Finance will consider all proposals and will finalize the bill. The document will subsequently be submitted to the government and parliament for approval. // 21.06.2024 - InfoMarket.
