PwC Moldova: Tax and Legal Alert no. 11

PwC Moldova: Tax and Legal Alert no. 11

• 18.12.2015

Approval of new personal income tax return form 18 December 2015

In brief

The Government of the Republic of Moldova has recently approved a new personal income tax return form and the instruction for filling it in. In detail Form CET15 – Personal income tax return (“form CET15”) and the Regulation for filling in the return have been approved.

The following are repealed:
- Form CET08 “Personal income tax return”;
- Form NER08 “Nonresident income tax return”.
  Form CET15 is to be submitted by resident and non-resident individuals to any territorial state tax inspectorate, regardless of the taxpayer’s domicile.
The CET15 submission deadline for citizens of the Republic of Moldova (“RM”), foreign citizen Moldovan tax residents and other categories of individuals is 25 March of the following year. Moldovan citizens who intend to change their domicile from the RM have to submit the CET15 form no later than the last working day before departure, while foreign citizen Moldovan nonresidents / stateless persons have to submit it three days after ending their activities in RM.
The above-mentioned changes come into force on 1 January 2016. We would also like to inform you that according to a State Tax Service press release, income for 2015 will be declared by using the forms CET08 and NER08.
The CET15 will be used for income declaration for tax periods starting with 2016. [Source: Government Decision no. 834 dated 1 December 2015 for approval of CET15 form – Personal income tax return and the Regulation for filling the return, Monitorul Oficial no. 332-339 dated 11 December 2015; State Tax Service’s press release dated 15 December 2015]

The takeaway Starting with the fiscal period 2016, resident and nonresident individuals have to present to the tax authorities a new personal income tax return form. 

Read the full version in English and Romanian.

PricewaterhouseCoopers (PwC) Moldova

PwC helps organisations and individuals create the value they’re looking for. We’re a network of firms in 157 countries with more than 208,000 people who are committed to delivering quality in assurance, tax and advisory services. This network structure provides PwC member firms with the flexibility to operate simultaneously as local businesses, but also on a global scale, creating a platform through which member firms share knowledge, skills and resources and delivery services of consistently high quality to international and local clients. PwC started operations in Moldova in 1996. It has continuously expanded the scope of its services and currently offers a full range of professional services to both international and Moldovan enterprises. Overseen by 16 partners and employing over 600 specialists and support staff, PwC operates in Romania and Moldova from a network of four offices in Bucharest, Timisoara, Cluj-Napoca, Constanta and Chisinau.