OREANDA-NEWS. June 06, 2011. It is stipulated by the project of objectives of the tax and customs policies for 2012-2014, presented by the Finance Ministry for public discussions. Under the document, the minimal rate of the tax on real estate was proposed to be increased from 0.02% to 0.05% of the taxable basis and the maximum rate – from 0.25% to 0.3% of the taxable basis.

In addition, within the framework of the next stage of the new system of real estate taxation according to the market value, it was suggested applying real estate taxation basing on its market value for private houses and constructions in villages and comunas, belonging to Chisinau and Balti municipalities.

The minimal rate for farm lands will amount to 0.1%, the maximal rate – 0.3% of the taxable basis. It is also planned to annul the clause stipulating exemption from taxation of unfinished buildings, the degree of readiness of which is lower than 50%. Under the suggested amendments, all real estate irrespective of the readiness degree is to be taxed.