OREANDA-NEWS. October 24, 2011. Moldova’s tax system should comply with international standards as much as possible, be transparent and predictable, - PricewaterhouseCoopers (PwC). This opinion was voiced by the PwC experts during the training on the subject “Main 2011 tax challenges and the 2012 expected changes” organised by PwC, ACCA (Association of Chartered Certified Accountants) and ACAP (Association of Professional Accountants and Auditors).

More than 150 representatives of the leading businesses on the Moldovan market, ACCA certified experts, Moldovan licensed auditors and accountants and representatives of the Main Tax Authority participated in the event.

It was said that in order to create a modern tax system in Moldova, a serious work needs to be done: to create clear and comprehensive rules regarding the computation of tax liabilities; to set fair fines for breaking provisions of the Tax Code that would meet the actual damage; to ensure impartiality of tax checkups and others.