The income tax rates on investment activities, including on revenues obtained from securities issued in cities or other territorial-administrative units, should be unified. Fiscal equity should be instituted when setting the road tax and mechanisms for facilitating pay raises and legalization of work should be created by introducing a temporary instrument for refunding the fiscal costs associated with pay raises incurred by employers. Such recommendations were formulated by the Independent Think Tank Expert-Grup over the bill to amend normative documents concerning the fiscal and customs policy, which was proposed for public consultations, IPN reports.
The Center’s experts suggested reviewing a number of Government decisions so as to annually index the cap on deduced costs for transport organized for employees/day workers and to extend the deductibility to costs associated with the adjustment of the units of transport/spaces to the needs of employees with reduced mobility. They also proposed instituting differentiated transport allowances for persons with disabilities and subsidies for costs related to salary for all the business entities that hire persons with disabilities, as in the case of specialized enterprises.
According to experts, the authorities’ intention to reduce the excise duty by introducing VAT on the import of motor vehicles is welcome, but the method in which the customs value will be determined needs to be clarified, primarily for used vehicles, and the opportunity of replacing the excise duty by an eventual environmental tax should be considered. The bill does not explain how the customs value of the imported vehicles will be determined, especially of damaged or used vehicles. In the absence of a nomenclature and if the value is determined based on the sale and purchase agreement, the customs value can be diminished by indicating a much lower value than the real one in the sale and purchase agreement.
Given Moldova’s aspirations to join the EU, the fact that not the producers of official statistics from information sources for tax authorities, but the fiscal data are an important administrative source for producing statistical indictors in the EU member states should be taken into account. The ignoring of this principle will represent an obstacle on the accession path.
