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Number of millionaires increases in Moldova


https://www.ipn.md/en/number-of-millionaires-increases-in-moldova-7966_1041918.html

A number of 1 792 private individuals, who do not perform entrepreneurial activities, last year earned incomes higher than 1 million lei. This is by 243 persons more than a year before. Director of the State Tax Service Sergey Puscuta told a news conference that this figure includes the taxpayers who submitted tax returns and those whose incomes were taxed at the source of payment, IPN reports.

The largest income declared by a person was 63.94 million lei. Eight persons earned incomes larger than 11 million lei, while 46 persons – between 3 and 6 million lei. “Most of the taxpayers from the category of millionaires declared incomes of 1 to 3 million lei. They form that middle class that ensures stability in any economy,” said Sergey Puscuta.

76% of the millionaires are men. The youngest person who declared incomes of over 1 million lei is 24, while the oldest one is 80. As many as 450 millionaires are from Chisinau, 11 are from  Balti, seven are from Ialoveni, five are from Orhei, four are from Anenii-Noi and 57 are from other districts.

For 2017, the private individuals presented 211,000 tax returns, by 10,000 more than a year before. Both the value of declared incomes and the value of the income tax increased. The private individuals earned money mainly as salaries, followed by dividends and revenues from supplying agricultural products.

A number of 29,000 persons asked to transfer 2% of the paid income tax to civil society organizations and religious denominations.