LAW OF THE REPUBLIC OF MOLDOVA

of August 16, 2019 No. 122

About modification of some legal acts

The Parliament adopts this organic law.

Art. I. – In the Tax code No. 1163/1997 (repeated publication: The official monitor of the Republic of Moldova, special release of February 8, 2007), with subsequent changes to make the following changes:

1. Add Article 5 with Item 26-1) of the following content:

"261-) Internal cost – the actual cost of the goods imported on the territory or exported from the territory of the Republic of Moldova, which is not including expenses on transportation, insurance, and also loading expenses, unloading and overload of goods.".

2. Part (to add 19-1) Articles 24 with words ", and also fees of compulsory national social insurance according to coupons on food.".

3. Part (1) articles 33 after words" (physical resident person)" to add with words ", the having annual taxable income less than 360000 lei, excepting the income, stipulated in Article 901,".

4. State Article 37 in the following edition:

"Article 37. Subjects of surplus or loss of the capital

Provisions of this Chapter are applied to physical persons – the residents and nonresidents of the Republic of Moldova who are not engaged in business activity and selling, exchanging capital assets or alienating them otherwise.".

5. In part (Article 40 of the word to "20 percent" shall be replaced with words 7) to "50 percent".

6. In Article 41:

in part (1)" (whether it be physical person or legal entity)" to exclude words;

part (to recognize 2) invalid.

7. In Article 42:

in Item b) parts (words "the physical person which is not performing business activity" to exclude 1);

Items and) and b) parts (to recognize 4) invalid.

8. In Article 57:

part (to state 2) in the following edition:

"(2) In case of liquidation of business entity receivers of the distributed property are considered as though they exchanged the shares in the capital of the liquidated business entity for the amount equal to market value of the received property.";

part (to recognize 3) invalid.

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