A new model for assessing apartments for tax purposes will be applied in Moldova.
On May 21, the Monitorul Oficial published and entered into force the corresponding order of the Agency of Geodesy, Cartography and Cadastre. The new model will be applied by the State Enterprise “Real Estate Cadastre” in the process of mass valuation and revaluation for tax purposes, the objects of which are all apartments in residential buildings located in the cities of Moldova. The document includes formulas for determining the appraised value of apartments; maps of cost zones and their descriptions; coefficients of cost factors used in evaluating apartments. It is worth noting that in April a new regulation on the assessment or updating of the inventory value of real estate for tax purposes came into force, according to which special commissions for inventory and assessment of real estate will be created in the mayors. They will be responsible, among other things, for determining the value of real estate for tax purposes, and this data will be transmitted to the services for collecting local taxes and fees.// 21.05.2024 — InfoMarket
