The private individuals living in Moldova can present the tax returns for last year until April 30 this year. Until now the deadline was March 31. The time limit was extended by making changes to the Tax Code. These took effect on January 1, 2017, IPN reports.
All the taxpayers must submit tax returns if they earned taxable incomes from several sources, like two workplaces or other sources, and these exceeded 29,640 lei a year.
Tax returns must also be presented when the taxpayer directs 2% of the annual income tax to a religious organization or public association and when this asks to be paid back the income tax paid in surplus.
By April 30, the taxpayers can submit tax returns at any fiscal office, while after April 30 only at the local tax inspectorate and will pay penalties for late submission.
The tax calculated based on the tax return must be paid also by April 30.
The situation for the previous years, including possible unpaid income taxes, can be checked electronically, if the taxpayer has a digital signature. If not, this can go to the fiscal office in the district where this is often served and where this has the residence.
There are two income tax rates: 7% and 18%. The tax rate of 7% is imposed on incomes lower than 29,640, while the rate of 18% on larger incomes.
