OREANDA-NEWS. November 20, 2009. It is provided by the Program of stabilization and restoration of economic growth till 2011 approved by the cabinet. According to the document, the government will specify definition of “reinvested profit” for the improvement of the mechanism of granting preferences to legal entities in time of payment of the profit tax.

The cabinet will also establish accurate principles in distribution of the state budget incomes to the budgets of administrative and territorial units, including promotion of the new law on the local public finance. The government will also accelerate process of introduction of the new system of real estate taxation.

In particular, in 2010 it will be introduced in the field of commercial and industrial real estate and garages and in 2011- in the field of real estate of agricultural destination (land and buildings). In 2011 it is planned to complete the assessment of private houses in rural settlements located in Chisinau and Balti municipalities.