About one fourth of the taxpayers (private individuals), who are obliged to present tax returns for 2014, honored this obligation so far, division head at the State Main Tax Inspectorate Veronica Vragalev has said, quoted by IPN.
In a program on Radio Moldova station, Veronica Vragalev reminded that the private individuals who work and get a salary from several jobs, those who do not have a salary, but had incomes from the sale of property or from leasing out farmland must submit a tax return if the incomes earned are higher than the personal exemption (9,516 lei in 2014). This also applies to Moldovans who settle abroad.
The incomes from which tax is retained at the source do not need to be declared. These are the incomes earned from selling products from the phytotechnique and animal-breeding sector, in natural form, living or slaughtered (2% retained at the sources), from leasing out property (5%), from dividends, including shares, gained in the fiscal periods of 2008-2011 (15%), from copyright (12%), and the lottery prizes and promotional campaigns (18% and 25% respectively).
As regards the money transmitted to Moldovans by relatives working abroad, this also must not be declared. “But the recipients of remittances must keep the documents showing that the money was transferred from abroad,” said Veronica Vragalev, adding this is needed to explain, if necessary, the difference between the expenses determined by directed methods and the declared incomes.
The deadline for submitting the tax return is March 25.
