OrbitaxOrbitax

Moldova Publishes Law for 2020 Tax Measures

|Approved Changes|Moldova
Moldova

Moldova has published Law No. 122 of 16 August 2019 in the Official Gazette, which provides for the implementation of planned tax measures for 2020. Main measures include:

  • An increase in the taxable base for capital gains to 100% for legal entities and 50% for individuals;
  • The elimination of the personal allowance for individuals with annual income exceeding MDL 360,000;
  • The cancelation of th…

Continue Reading