A single payment of corporate income tax is being introduced in Pridnestrovie

Enterprises, organizations, and entrepreneurs will pay income tax as a single tax payment to the republican budget with one payment order of the taxpayer from January 1, 2025. The Supreme Council of the Pridnestrovian Moldavian Republic in the course of the plenary session today adopted in the final reading a package of legislative initiatives prepared by the Government, which simplify the mechanism for calculating, paying, and administering corporate income tax. Currently, an enterprise or organization must split the calculated amount of income tax into the republican budget, the local budget, the Road Fund and the budget of the Unified State Social Insurance Fund when paying income tax, according to the current legislation. Accountants do this, and they are responsible for the correct calculation of the amounts of deductions and tax payments.

Parliamentarians amended 5 laws: "On the income tax of organizations", "On the fundamentals of the tax system in the Pridnestrovian Moldavian Republic", "On the budget classification of the Pridnestrovian Moldavian Republic", "On state benefits for citizens with children", "On the Unified State Social Insurance Fund of the Pridnestrovian Moldavian Republic".

The amendments to the tax legislation adopted today are already the second step towards simplifying tax administration. Enterprises and organizations have been paying the unified social tax as a single payment without the need to distribute the tax amount for the relevant purposes since 2024. The possibility of paying environmental taxes and fees with a single payment order is currently being studied.