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The Committee on Economic Policy considered a number of legislations on taxation

12.09.2022

The Committee on Economic Policy considered about 20 legislations on taxation of individual entrepreneurs, individuals and legal entities, submitted by the Government that are aimed at improving tax legislation.

For example, amendments to the law “On the Unified Social Tax and Mandatory Insurance Contribution” extend for 2023 the simplified mechanism for paying the unified social tax and paying the mandatory insurance contribution from income from the professional activities of lawyers introduced in 2020. Its size is at least 1 minimum wage per month. The introduction of a simplified taxation mechanism for advocacy has led to an increase in tax revenues to the budget and the state non-budgetary fund. So, the amount of taxes paid from advocacy amounted to 713.5 thousand rubles in 2021, which is 10.3% higher than in 2020. The law-in-draft was considered in 1 reading.

Another initiative of the Government of the Pridnestrovian Moldavian Republic proposes to make additions to the law "On additional measures aimed at stabilizing the economy of the PMR". It is proposed in particular to expand the directions of the program of subsidizing by the state of a part of the interest rate to non-state (public, private) educational organizations that carry out educational activities for the implementation of basic general education programs. The authors emphasize that within the framework of the adopted course for the modernization of state educational institutions through the Capital Investment Fund, work is carried out annually on capital construction, repair, re-equipment of kindergartens, schools, and so on. At the same time non-governmental educational organizations operate in the republic according to generally accepted educational programs. The Government proposes to provide them with preferential loans for the renewal or restoration of fixed assets. The deputies had questions about the importance and necessity of such benefits for private traders. The law-in-draft was adopted in the first reading and will be finalized by the second reading.