Amendments in Tax Legislation

Chairman of the Parliamentary Committee on Economic Policy, Budget and Finance Oleg Vasilaty proposed amendments to the law "On the basis of tax system in Pridnestrovian Moldavian Republic", aimed at simplifying the mechanism of debts write-off. The initiative was born thanks to the appeals of entities that faced with duplication of accounts for the same amount. The problem is quite common. Under current law, a taxpayer must pay taxes timely and in full. This duty is performed by means of a servicing bank within the deadlines for tax payment order for transfer of tax payments, which is important - regardless of the availability of funds on the current account. The tax authorities, on the other hand, after five days from the due date of payment shall be collected from legal entities arrears on taxes and other obligatory payments, directing collection order to the bank. When you receive money to your account, the bank writes off as a means of payments, and in the collection order. In order to avoid double prepay, Oleg Vasilaty proposed to modify the procedure so that the Bank for admission to the account copied and transferred back taxes on the basis of the payment order of the taxpayer.

Colleagues on the Committee, as well as government supported the initiative. The law-in-draft will be recommended to be adopted in two readings.

Authorship of other law-in-draft supported by relevant committee belongs to the government. It was proposed to make adjustments to the law "On the corporate tax". The author of the initiative considers it appropriate to clarify the wording of the rules relating to preferential tax treatment.

The problem of the ambiguity of understanding affected fourteen organizations, according to a Ministry of Finance Ludmila Degusar. Among them – there is "Tiraspoltransgaz-Pridnestrovie", which is referred to the state strategic enterprises. Its activities are aimed at ensuring energy security of the republic. The founder and the only member of this society, despite the commercial focus of its activities is the state. This and similar enterprises enjoy tax breaks on profits organizations since 2012. For purpose, they were not in the position of the debtor to the state, the government proposes to extend the application of the new standards on January 1, 2012.

Responsible Committee supported the initiative and would recommend to colleagues on the deputies to adopt the law-in-draft in the first reading.