Moldova has published Law No. 122 of 16 August 2019 in the Official Gazette, which provides for the implementation of planned tax measures for 2020. Main measures include:
- An increase in the taxable base for capital gains to 100% for legal entities and 50% for individuals;
- The elimination of the personal allowance for individuals with annual income exceeding MDL 360,000;
- The cancelation of the reduced 10% VAT rate for the food service industry (hotels, restaurants, cafés), which will be sub…