The EBA represented by the Committee on Taxation and Customs actively participates in the dialog with the Ministry of Finance on the Budgetary-Fiscal and Customs Policy for 2025
EBA Moldova participated in the public consultations organized by the Ministry of Finance of the Republic of Moldova, which took place on 20.06.2024. The meeting was organized following the presentation of the draft Government Decision on the approval of the draft law on the amendment of some normative acts related to the budgetary-fiscal and customs policy for 2025.
During the meeting, the EBA presented a list of priority and necessary topics to be reflected in the said draft, including:
- The transfer pricing concept and the concerns of the EBA community related to the implementation of the legislation of the Republic of Moldova on TP;
- Implementation of the life insurance concept;
- Standardization of the categories of products for which the reduced VAT rate of 8% is applied and revision of the VAT rates applied for certain types of products;
- Review of the provisions of Art. 427 of the new Customs Code;
- Exemption/deferral of VAT for photovoltaic panels and inverters with elimination of customs duty for inverters paid on import;
- Grant VAT refund on capital investments and extension of the provisions of Art. 101_1 of the Tax Code;
- Elimination of the 5-year limit for reporting tax losses;
Thanks for the efforts of colleagues from the Ministry of Finance, the State Tax Service and the Customs Service in reviewing the hundreds of pages of proposals for amendments to the Tax Policy previously submitted by the business community. The EBA submitted more than 140 proposals, 21 of which were accepted by the Ministry of Finance and reflected in the content of the draft Tax Policy 2025.
EBA continues to actively contribute to the legislative consultation process, representing business interests and emphasizing the importance of efficient and fair tax and customs policies.
Sincere thanks to colleagues who represented EBA:
- Diana Ilicciev, Chair of the EBA Committee on Taxation and Customs, Chief Accountant, Director of the Accounting Department Victoriabank;
- Constantin Agafița, Co-Chair of the EBA Committee on Taxation and Customs, Audit Manager Baker Tilly Klitou and Partners;
- Tatiana Stavinschi, SAIPH Consulting House;
- Pavel Sarghi, SAIPH Consulting House;
- Cretu Nicolae, SAIPH Consulting House;
- Sandra Dolghii , Tax Policy Manager EBA.