The tax base for calculating property tax in 2025 may increase.
In the draft fiscal policy for 2025, the Ministry of Finance proposes to clarify the tax base and impose a property tax on real estate with a total area of 120 square meters or more, the estimated value of which is at least 200 average monthly projected salaries in the economy, approved for the tax calculation period (now the second component, which is taken into account when calculating the tax, is fixed - at least 2 million lei). The explanatory note to the project notes that the adjustment of the conditions that the so-called subject must meet "luxury tax" is necessary to ensure their compliance with economic realities. It is worth noting that in 2024, the average monthly salary in the economy was approved at the level of 13.7 thousand lei, respectively, if the amendment to the Tax Code is approved, the tax base will be at least 2.74 million lei. Recall that property tax is imposed on individual owners of real estate intended for housing, including country cottages (with the exception of land plots), which are located on the territory of Moldova. The tax rate is 0.8% of the tax base. The tax is paid to the state budget annually before December 25.// 17.06.2024 — InfoMarket.
