The percentage deduction can be transferred when submitting an income tax return, both electronically and on paper.
According to the State Tax Service, on March 22, an amendment to the Tax Code took effect, which abolishes the previously introduced requirement that 2% of income tax can be transferred to charity when an individual submits a CET18 declaration only electronically. Accordingly, this obligation has been abolished and individuals can take advantage of the ability to remit the percentage deduction when submitting an income tax return in any of the permitted forms. To remit 2% of income tax in the fifth section of the declaration, the taxpayer must fill in the 13-digit fiscal code of the beneficiary organization. Their list can be found on the website of the State Tax Agency: https://www.asp.gov.md/ro/date-deschise/lista-beneficiarilor-desemnarii-procentuale. Important condition: the taxpayer must not have income tax debts for the periods preceding the tax period in which the interest deduction was made, pay income tax for the previous year in full and on time. As previously reported by InfoMarket, a package of laws related to tax policy for 2023 clarified that individuals who wish to donate 2% to charity are required to file returns using automated electronic reporting methods. //25.03.2024 - InfoMarket.
