LAW OF THE REPUBLIC OF MOLDOVA

of March 1, 2012 No. 27

About modification and amendments in some legal acts

The Parliament adopts this organic law.

Art. I. - In part (21) article 24 of the Law on enforcement of Sections I and II of the Tax code No. 1164-XIII of April 24, 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 and addition:

word in paragraph one "The free income the income which size does not exceed two average monthly salaries on economy predicted for the corresponding year" is recognized shall be replaced with words "The leviable income the monthly income which size does not exceed two average monthly salaries on economy predicted for the corresponding year is recognized";

after paragraph one to add part with the paragraph of the following content:

"The monthly income which exceeds two average monthly salaries on economy predicted for the corresponding year is recognized the free income.";

in the paragraph the second words "-the statement of business entity for release it from payment of the income tax;" to exclude.

Art. II. - In appendix 3 to the Law on the budget of the national social insurance for 2012 No. 270 of December 23, 2011 (The official monitor of the Republic of Moldova, 2012, No. 15, of the Art. 37) to make the following changes and addition:

1. In Item 1:

in subitem 1.1 of the word "in Items 1.2 and 1.3" shall be replaced with words "in Items 1. 2, 1.3 and 1.7";

in subitem 1.4 of the word "in Items 1.1-1." Shall be replaced with words 3, "in Items 1.1-1.3 and 1. 7,";

in subitem 1.5 of the word "in Items 1.1-1.4" shall be replaced with words "in Items 1.1-1.4 and 1.7";

add Item with subitem 1.7 of the following content:"

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