The private individuals - citizens of the Republic of Moldova, foreigners and stateless persons, including members of societies and shareholders of investment funds – should submit tax returns and pay the income tax for 2019 by May 29, IPN reports, quoting the State Tax Service.
The income tax rate remained 12% of the tax basis. The annual personal exemption is 24,000 lei. Penalties will be imposed for late payment of the income tax after May 29.
The declaring and payment of the income tax, property tax, land tax and local taxes for 2019 by individual entrepreneurs or peasant farmsteads whose annual average number of employees during the fiscal period does not exceed three units and that are not registered as VAT payers will be made by April 25.
The payment by entrepreneurs of the income tax for the first quarter of 2020 in installments will be made by June 25.
The time limit for examining cases of violation of the fiscal and customs legislation or fiscal and customs complaints about cases that occurred during the state of emergency is extended until May 29.
The period for submitting challenges over the State Tax Service’s decisions made known during the state of emergency is extended until June 15.
