Moldovan Confederation of Trade Unions Offers to Set New Income Tax
OREANDA-NEWS. March 25, 2014. The National Confederation of trade unions of Moldova offers to set a new income tax rate of 25% for individuals with annual income of over 240 thousand lei.
As the deputy chairman of confederation Petr Chiriac has informed during the seminar devoted to issues of socio-economic protection of workers and proposals of trade unions on changes to the law on fiscal policy in 2015-2017, the individuals with high income in Europe are subject to maximum tax rate.
"The income tax in Bulgaria, Poland and Portugal makes 40%, in Italy - 45%, in Austria - 50%, in Belgium and Netherlands - 55-60%. We believe that in Moldova it is necessary to enter the rate of the income tax of 25% for individuals with incomes above the average salary in the national economy. Thus, it will be possible to replenish the state budget and local budgets", - he said.
At the same time NCTU voiced against introduction of the mechanism of support of non-commercial public organizations and religious institutions by transferring them 2% from the income tax of individuals. According to Petr Chiriac, this will lead to the reduction of budget revenues. Accordingly, it will be difficult to finance schools, kindergartens, libraries, houses of culture and other institutions.
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