Moldova Provides Tax Incentives for Producers of Fruits
OREANDA-NEWS. August 15, 2014. In particular, at the meeting, the Cabinet approved a number of amendments to the Tax code, according to which until December 1, 2014, will be reduced the tax burden on farmers, including pending application possibilities of enforcement of tax liabilities and other payments to the national public budget, stipulated by legislation.
As it is noted by the Finance Minister Anatolie Arapu, it is expected that these measures will affect approximately 2 thousand economic agents- manufacturers, processors, and exporters of fruits, vegetables and grapes. Another measure to support this category of taxpayers will be non-application of penalty for late implementation of tax liabilities in the period until December 1, 2014.
The cost of this measure will make about 2.5 million lei. It is provided that a list of economic agents who will benefit state tax incentives, the Ministry of agriculture of Moldova will present to the General state tax Inspectorate and the National social insurance agency. In general, measures adopted by the Moldovan government will help to reduce the negative impact on the economy due the Russia's ban on deliveries of Moldovan fruits, vegetables, grapes and canned goods.
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