Moldova to Calculate Import Jewelry Tax from Weight
OREANDA-NEWS. July 05, 2010. This is stipulated by the amendments to current legislation approved by the parliament at the meeting on deputy’s Valeriu Guma initiative.
He noted that the analysis of internal market shows that the overwhelming majority of economic agents, purchasing and fabricating the jewelry, avoid tax payments in full. Generally, it is due to the fact that companies, when paying the taxes, indicate the purchasing prices that are considerably lower than the actual cost.
Thus, the state budget suffers considerable damage, estimated approximately of 0.6 million leis per year, at that suffer disciplined economic agents. According to filed amendments, import jewelry taxes will be calculated from the weight, not from customs costs.
Thus, silver-works’ tax will amount to 2 leis per gram, works made of other precious metals – 30 leis per gram. This will allow facilitating the tax administration of imported jewelry, precious metal works, and struggling against tax evasion.
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