There have been established new quotas of taxes for Chisinau municipality for 2016. According to the Tax Inspectorate, the decision was taken by the Chisinau City Hall. The decision was taken in order to cover some of the financial deficit of the municipal budget.
Thus, when approving the budget, the councilors voted to establish new rates for local taxes, including for transport services, for commercial units and for land tax. The authorities also have established certain fiscal incentives.
Some of these relate to advertising services, revenues from accommodation, auto transport services for passengers and taxi services have already entered into force.
It is noteworthy that Chişinău budget was voted on 6 July with great delay. The budget provides for revenues of 2,943 billion lei, expenses of approximately 3.47 billion and a deficit of over 103 million lei.