The Parliamentary Commission on Economy, Budget and Finance held regular consultations on tax and customs policy measures for 2023.
During the discussions, which were attended by representatives of business associations, patronages, trade unions, private companies, ministries and departments, were discussed the provisions that need to be finalized, added or excluded from the bill approved by Parliament in the first reading. Business representatives touched upon the following aspects: elimination of difficulties in customs clearance and documentation of the return of parcels in the case of e-commerce; removal of the need to use a holographic signature to confirm the purchase of services purchased online; reduction of the income tax rate applied to income from deposits of individuals (from the approved 7% to 6%); the need to further increase the face value of the one business day food stamp, which is deductible for tax purposes; introduction of tax deductions to stimulate facultative pensions; taxation of investor transactions in international markets (IPO); providing equal conditions for the activities of payment service providers; application of increased excise rates for tobacco and alcohol products, approved in deviance from the previously approved schedule, from July 1, and not from January 1, 2023; the abolition of the patent for trading activities and the maximum land tax limit, etc. Trade unions noted the need for indexation of exemptions in 2023, asked to increase the deductible amount of food stamps to 100 lei, did not support the initiative to abolish the maximum limit on the land tax rate. During the meeting, the discussions also touched upon exemptions for the import of plant protection products and fertilizers, support for farmers, VAT refunds, taxation of waste processors, the transfer taxation mechanism, support for businesses that legalize their employees and pay all taxes, the fight against the shadow economy, etc. Representatives of business associations noted the importance of observing the tax measures planning calendar, suggesting that the changes introduced as part of the draft tax and customs policy be introduced at least 180 days after their publication. All voiced proposals will be considered in terms of applicability in 2023. The parliament will consider the final bill in the near future. // 16.12.2022 — InfoMarket
