Macroeconomy

AmCham Moldova called “alarming” the government’s decision to introduce a new indirect tax in the electronic communications sector, while maintaining a “luxury tax” of 2.5% of the proceeds from the sale of mobile services.

AmCham Moldova called “alarming” the government’s decision to introduce a new indirect tax in the electronic communications sector, while maintaining a “luxury tax” of 2.5% of the proceeds from the sale of mobile services.

02.04.2020

According to a statement by the American Chamber of Commerce in Moldova, during public consultations on a tax and customs policy document for 2021, AmCham Moldova welcomed the Finance Ministry’s initiative to abolish the “tax on luxury” as unreasonable and discriminatory. However, in a bill passed by the government on its own responsibility to parliament with a package of anti-crisis measures to support business and the public during a state of emergency, not only the “luxury tax” was not abolished, but a new tax was introduced in the amount of 50% of the operation fee, the administration and maintenance ...
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