In Moldova, entrepreneurs who have committed tax violations in the amount of up to 5,000 lei and citizens whose revealed violations do not exceed 500 lei will not be subject to sanctions.
This is provided for by the relevant amendments to the Tax Code, which the Parliament adopted in the second reading. The approved changes increase the threshold for determining a minor tax violation, for which the tax legislation provides for a sanction in the form of a warning. According to the draft law, a tax violation will be considered insignificant if the unpaid amount of taxes, fees, compulsory medical insurance contributions and state social insurance contributions, set in percentage terms, does not exceed 500 lei - for individual taxpayers and 5 thousand lei - for legal entities and individuals engaged in entrepreneurial activities. Now these limits are set at the level of 100 lei and, accordingly, 1 thousand lei. The goal of the initiative is to reduce the administrative burden on businesses and citizens. Thus, the law is intended to encourage warnings instead of fines for minor violations, and to motivate government agencies to focus on detecting cases of major tax evasion and money laundering on a particularly large scale. The concept of a minor tax violation was introduced in the Tax Code in 2015, and since then its definition has not changed. Dumitru Alaiba, chairman of the commission on economy, budget and finance, noted that the proposed changes will help improve tax administration and reduce pressure on taxpayers who have minor tax violations. At the same time, the tax authorities will be able to concentrate on identifying significant tax violations, for which fines are applied, respectively, the country's budget is replenished.// 24.03.2022 — InfoMarket
