Moldova Consulting on Fiscal and Customs Policy 2023 Including New Transfer Pricing Regime

Moldova's Ministry of Finance has launched a public consultation on a draft law for the fiscal (tax) and customs policy 2023. The main measures include:

• A limit on cash payments to natural persons to MDL 10,000 per transaction and MDL 100,000 annually for specified income (income from rental, lease, dividends, royalties, payments for work performed, capital increase, interest, etc.);
• New progressive individual income tax rates of 12% on annual income up to MDL 1 million and 18% on income ex…