Moldovan cabinet approves cutting road tax for foreign vehicles

Chisinau, 14 September /MOLDPRES/ - The cabinet of ministers, at a today’s meeting, approved a draft law on the amendment and completion of the Fiscal Code. The document sees that the vehicles registered in the countries with which Moldova has signed bilateral or multilateral agreements are mutually exempted from taxes for the use of the national roads, the government’s communication and media relations department has reported.

Yet, the exemption will not apply to the vehicles with registration numbers in the states which do not observe the agreements concluded.  

At the same time, the tax for the use of national roads was cut by 30 per cent for the foreign vehicles (busses and trucks). The government estimates that, in this way, the flow of transits will increase and the state will compensate eventual losses.   

The tax for the use of roads will be five-fold higher in the case of the vehicles with a total weight or with dimensions exceeding the allowed limits. The concerned change will bring revenues to the state budget worth about 50 million lei – money used to arrange and maintain the roads’ infrastructure.   

Presently, the tax for the use of national roads is not applied to the vehicles registered in the states with which Moldova has concluded bilateral agreements on road transport, which imply mutual exemption from any road tax.  

(Editor M. Jantovan)