PwC Moldova: Tax and Legal Alert no. 4/2015: Changed dates of entry into force for certain tax provisions

PwC Moldova: Tax and Legal Alert no. 4/2015: Changed dates of entry into force for certain tax provisions

• 12.06.2015

According to the legislative amendments adopted by Parliament, the new threshold used for the purpose of differentiated rates of income tax of individuals, citizens and individual entrepreneurs 15 letter a) TC) enters into force as of 1 January 2015.

The same date for entry into force applies for exemptions to which resident individuals are entitled under art. 33, 34 35 of the TC.

The new amendments provide for the recalculation by employers of personal income tax as of 1 January 2015 without applying tax sanctions imposed by the tax authorities.

The liabilities regarding:

 the use of computerised information systems and software for cash machines certified by the Certification Commission of the Ministry of Finance; and
 the certification of these information systems and software for cash machines by supplier companies,

apply as of 1 January 2017. Previously, these provisions were to enter into force as of 1 January 2016.

Click here to read more in Romanian or English

PricewaterhouseCoopers (PwC) Moldova

PwC helps organisations and individuals create the value they’re looking for. We’re a network of firms in 157 countries with more than 208,000 people who are committed to delivering quality in assurance, tax and advisory services. This network structure provides PwC member firms with the flexibility to operate simultaneously as local businesses, but also on a global scale, creating a platform through which member firms share knowledge, skills and resources and delivery services of consistently high quality to international and local clients. PwC started operations in Moldova in 1996. It has continuously expanded the scope of its services and currently offers a full range of professional services to both international and Moldovan enterprises. Overseen by 16 partners and employing over 600 specialists and support staff, PwC operates in Romania and Moldova from a network of four offices in Bucharest, Timisoara, Cluj-Napoca, Constanta and Chisinau.