The draft fiscal and customs policy for 2022 was adopted by the Parliament of Moldova in the second reading.
The bill provides for amendments to the Tax Code, the Law on Local Public Finance, the Customs Code, the Code of Offenses and other documents. As noted in the Ministry of Finance, the proposed measures of fiscal and customs policy are designed to help remove economic restrictions and ensure sustainable development of Moldova in the context of existing economic and social processes, both at the national and global levels. According to the bill, in 2022 the amount of personal exemption for individuals with incomes up to 360 thousand lei will increase - from 25.2 thousand to 27 thousand lei; the amount of additional and increased exemptions will increase - from 18.9 thousand to 19.8 thousand lei, and the amount of exemption for dependents (children) will double - from 4.5 thousand to 9 thousand lei per year. Also, from January 1, 2022, the withholding tax rate on gambling winnings will be increased from 12% to 18%. At the same time, the exemption from income tax on income received by individuals from the supply of ferrous and non-ferrous metals, industrial waste containing metals or their alloys, as well as used electric batteries is canceled. Herewith, an exemption from income tax is introduced for the sources of income of the park administration for information technologies. It was also agreed that from 2022 the levy for the provision of mobile services (the so-called luxury tax) in the amount of 2.5% of sales revenue related to these services will be canceled, which will allow mobile operators to accelerate the reduction of roaming charges from countries of the European Union. One of the most important provisions of the draft is the amendment according to which from January 1, 2022, all receipts from road use fees will be transferred to local budgets. Currently, according to the Law on Local Public Finance, only 50% of these revenues are allocated to local budgets. The bill also revises the amount of excise taxes on some tobacco products, it provides for an increase from 2200 to 3100 lei in the minimum wage for public sector employees. It is also agreed to return to the provision of annual bonuses to public sector employees.// 06.12.2021 — InfoMarket
