Moldova Tax Agency Clarifies 2026 Individual Income Tax Exemptions

The Moldovan State Tax Service Jan. 9 clarified 2026 individual income tax exemptions. The clarification includes that: 1) individuals can claim a 29,700 Moldovan leu (US$1,764) exemption if annual taxable income is under 360,000 lei (US$21,394), excluding income like dividends and royalties; 2) annual taxable income includes specified income from independent activity in the retail sector, except from excisable goods, and certain other income; 3) an increased 34,620 leu (US$2,052) personal exemption applies to individuals with disabilities or affected by Chernobyl, and rehabilitated pensioners who suffered political repression; 4) an additional 21,780 leu (US$1,291) exemption applies to individuals not claiming ...