Linkuri accesibilitate

Moldovan Communist President Voronin calls for economic liberalization

Moldovan President Vladimir Voronin on April 10 presented the government with fiscal proposals that include an end to corporate tax for companies that reinvest their profits. The reports indicate that a 15 percent tax would be imposed on dividends, but did not indicate whether companies that retain their profits, rather than reinvesting or disbursing them, will be subject to corporate tax. The two other major measures are a tax amnesty and the legalization of various forms of capital. The proposals are aimed at ending misreporting, stemming the outflow of capital, and reducing black economy. The plan will be presented to parliament within the next 10 days.