The Legislation on Cash-in and Cash-out introduction have been prepared for the second reading

The relevant Committee of the Supreme Council of the Pridnestrovian Moldavian Republic prepared a package of legislations for the second reading that will enshrine the Cash-in and Cash-out systems in the legal field of Pridnestrovie. The new rules will make financial services more accessible, including in rural areas, they will allow payment card holders to withdraw cash from their accounts (Cash-out service) and replenish their bank cards (accounts) using a bank card (Cash-in service) at the cash desk of legal entities and individual entrepreneurs engaged in retail trade. Changes to the current laws were initiated by deputy Yuri Kucherenko. The author of the legislations notes that Cash-in and Cash-out are convenient not only for the population. Legal entities or individual entrepreneurs will be able to optimize their costs. We are talking about cash collection in particular. These operations will not fall under the category of taxable ones, as for taxation.

The Supreme Council adopted amendments and additions in the first reading to the laws "On licensing of certain types of activities", "On protection of consumer rights", "On tax on income of organizations", "Special tax regime - simplified taxation system", "On the central bank of the Pridnestrovian Moldavian Republic" and the law "On banks and banking activities in the Pridnestrovian Moldavian Republic" in September 2024.

The relevant Committee prepared tables of clarifying amendments for the second reading. The deputies considered them and recommended them for adoption in the course of the plenary session of the Supreme Council today.

Deputies Viktor Guzun and Vadim Kravchuk initiated a draft law that amends the law "On domestic trade" in connection with the introduction of Cash-in and Cash-out into the legislative field.

The Committee on Economic Policy proposes that the Supreme Council adopt amendments to the Law on Internal Trade at a plenary session in two readings at once.