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2 clusters · 3 sources · 5 days · First seen · Last updated

Moldovan fiscal and tax policy reforms

Overview

The Moldovan government is pursuing various fiscal reforms and tax-simplification projects. Initial proposals included repealing local tax exemptions for funeral service providers and manufacturers of funeral articles, which would subject their commercial premises and services to local commercial taxes.

Further fiscal policy proposals for 2027 include the introduction of a 12% tax on inheritances and donations received by non-residents. Under this plan, assets like property passed from Moldovan residents to children living abroad would be classified as taxable income for the non-resident. While the Ministry of Labor and Social Protection has expressed concerns that this could be “discriminatory based on residency status,” the Ministry of Finance has rejected calls to extend exemptions to non-residents, citing the difficulty of verifying kinship and documentation for those living abroad.

Entities

Republic of Moldova · PAS · Ministry of Finance · Moldova · Ministry of Labor and Social Protection

Timeline

  1. about 16 hours ago

    [POLITICS] 2 sources
    Moldova proposes 12% tax on inheritances for diaspora

    The Moldovan government proposes a 12% tax on inheritances and donations for non-residents under its 2027 fiscal policy, a move that has sparked concerns regarding potential discrimination.

  2. 6 days ago

    [BUSINESS] 2 sources
    Moldova Plans to End Local Tax Exemption for Funeral Services

    Moldova’s tax reform aims to remove the local tax exemption for funeral service providers and coffin manufacturers, raising their operating costs.

Sources

news.yam.md · realitatea.md · telegraph.md