OREANDA-NEWS. May 07, 2010. This measure is provided by the draft law "Fiscal policy objectives for 2011-2013", which will be soon considered by the government. Simultaneously, it is planned to abolish general and individual tax privileges concerning the income tax.

The section V “Excises” of the draft says that these proposals aim at formation of various sources of the budget incomes and strengthening direct taxation system. In the result, it is supposed that the state will accumulate profits of 2,341 billion leis (USD186 million). In addition, the authors of the draft propose to introduce taxes and fees in the field of foreign economic activity.

Thus since 2012 it is planned to introduce "transfer prices" to create equal conditions of taxation for local economic agents and multi-national companies, to introduce tax on the activity of representations as well as the system of transfers’ taxation carried out by individuals and legal entities in the off-shore zones.