Moldovan citizens to be able to declare assets, financial resources in exchange of 3-per cent tax

Chisinau, 24 July /MOLDPRES/ - Citizens will be able  voluntarily declare their real estate and financial resources owned in exchange of a three-per cent state tax. It is about assets which have not been declared so far or have been on names of intermediary people. Prime Minister Pavel Filip made statements to this effect after a weekly meeting of the Moldovan Democratic Party (PDM) today.   

The official noted that the presence of undeclared financial resources and assets in the national economy represented an older problem. “One of the solutions would be the voluntary declaration of these assets. An application will be submitted and financial means will be presented in the financial institutions till 10 or 20 December and a three-per cent tax will be paid. Nevertheless, we should make sure that this money does not come from offences. Those who held public offices following 2009 and those who benefited from fraudulent loans from problem banks, such as Investprivatbank, Banca de Economii (Savings Bank), Unibank, UniversalBank, will not be able to benefit from this voluntary declaration. We have included these provisions, in order to make sure that we do not have fraud money which entered the country or coming from the one-billion theft. Decision-makers will attentively monitor for this thing not to happen. The effect of this will be the money’s entrance into economic circulation,” Filip said.        

„Another issue we have spoken about represents big pressure on the business environment on behalf of law-enforcement bodies with control duties, as well as the abusive preventive arrest. We come up with an initiative, through which these pressures will be diminished. Thus, a string of offences will be investigated only by prosecutors and only after control bodies find out this.    

Also the threshold for fiscal evasion as an offence will be increased from 75,000 lei to 300,000 lei. At the same time, the preventive arrest will be applied in a restricted way and with clear-cut rules,” the PM said.    

According to the amendments due to be made, searches will be subjected to severer rules. Thus, the control on the spot will be made only following the checking of documents in office. The powers of the Intelligence and Security Service (SIS) dealing with the investigation of economic crimes will be limited. Also, legal liability will be established for the civil servants who do not observe the terms or groundlessly refuse to issue permissive acts.    

(Reporter A. Ciobanu, editor A. Raileanu)