Amcham Moldova stands for the development of a clear, correct and predictable methodology for setting taxes in Moldova, including at the local level.
This is stated in the statement of the American Chamber of Commerce in Moldova in the context of the recent decision of the Constitutional Court, as a result of which the provisions of the Tax Code, introduced last year, limiting the amount of local fees, were declared unconstitutional. The organization said in a statement that when discussing tax and customs policy for 2021, the entire business community welcomed the Finance Ministry's initiative to limit local taxes. This is a prerequisite in the process of medium-term economic planning of business activities, which is also applied in European states that have signed, like Moldova, the European Charter of Local Autonomy. Amcham emphasizes that in a pandemic, local taxes, often disproportionate, uneven and excessively high, can become the biggest financial burden for some categories of economic agents. The organization advocates the predictability of decisions of local and central authorities as a prerequisite for ensuring a fair and equitable tax system conducive to voluntary compliance with tax legislation. “Developing a clear, correct and predictable methodology for setting taxes, especially local taxes, is the right way for a state seeking to achieve a certain degree of economic maturity,” emphasizes Amcham Moldova. As a reminder, from 2021, the Tax Code of Moldova established the maximum rates of local fees for a three-year period. On September 14, the Moldovan Constitutional Court declared these provisions unconstitutional, noting that in order to comply with the constitutional provisions regarding local autonomy, local authorities must set the amount of fees themselves, without restrictions on the part of the supreme legislative body.//24.09.2021 – InfoMarket.
