Local taxes on advertising devices: an impediment to business development?
The European Business Association (EBA) is continuing discussions with the public sector to resolve the disagreements over local taxes on advertising devices.
In the recent edition of BusinessClass, read the EBA community's opinion on the topic, which remains a significant obstacle to economic growth.
Sandra Dolghii, Tax Policy Manager of EBA Moldova, emphasizes the difficulties faced by companies in complying with the current regulations and the need for a more uniform and fair approach from the authorities.
Diana Ilicciev, Chair of the EBA Committee on Taxation and Chief Accountant of Victoriabank, provides a detailed analysis of the challenges faced by banks and economic agents. In addition, Elena Vasilica, Chief Accountant of Moldcell, and Dauria Lupascu, Chief Accountant of Axedum Group, draw attention to the significant impact that these regulations have on the operating costs and profitability of companies.
EBA continues to support the dialog with the authorities in order to find solutions to ensure a more predictable and fair business environment. Read more about these challenges and EBA's proposed solutions in the September issue of Business Class.