Moldova Tax Agency Issues FAQ Clarifying Choice of VAT, General Tax Regime Rules for Export Deliveries

The Moldovan State Tax Service Nov. 26 posted online an FAQ clarifying that qualifying taxpayers can chose between the VAT regime and the general tax regime. The clarification includes: 1) taxpayers must have at least 1.2 million lei (US$68,588) in VAT-exempt deliveries to choose between tax regimes; 2) taxpayers’ VAT-exempt deliveries must exceed taxable deliveries by at least 50 percent to choose between tax regimes; and 3) VAT-exempt deliveries with a deduction right, including exports, are considered taxable when calculating VAT-exempt and taxable deliveries. [Moldova, State Tax Service, 11/26/19]

Reference:
View FAQs, Order No. 540 of 11/26/19. View Index ...