Tax authorities
Ministry of Finance
Str Cosmonautilor 7, mum. Chisinau MD-2005
Tel: +373 22 22 66 29
Fax: +373 22 2400 55
Website: www.minfin.md
Tax rates at a glance
(As of September 2009)
| Corporate income tax rate (%) |
0 |
| Capital gains tax rate (%) |
0 |
| Branch tax rate (%) |
0 |
Withholding tax (%) |
|
| Dividends |
15(a) |
| Interest |
(b)(c) |
| Payments to residents |
0 |
| Payments to nonresidents |
10 |
| Royalties |
10/15(c)(d) |
| Services |
5/10(e) |
| Insurance premiums |
10(f) |
| Winnings from gambling |
10(g) |
| Nondeductible payments |
15(h) |
| Branch remittance tax |
0 |
Net operating losses (Years) |
|
| Carryback |
0 |
| Carryforward |
5 |
(a) The 15% rate applies to dividends paid to nonresidents and to resident individuals.
(b) Interest on deposits and securities of individuals is not taxable until 2010. Interest on bank deposits or corporative bonds of legal entities is not taxable until 2010, if the deposits are made for a period of more than three years or if the bonds are issued for a period
of more than three years. Interest on state securities is not taxable until 1 January 2015.
(c) Resident recipients of interest and royalties include such payments in taxable income, which is subject to corporate income tax at the standard rate of 0%.
(d) The 10% withholding tax rate applies to payments to nonresidents. The 15% withholding tax rate applies to payments to resident individuals.
(e) The 10% rate applies to services rendered by nonresidents. The 10% rate also applies to rent paid to individuals, except for rent paid for agricultural land, and to amounts paid to individuals with respect to advertising campaigns. The 5% rate applies to certain payments made to resident individuals.
(f) This withholding tax applies to insurance premiums paid to nonresidents.
(g) This withholding tax applies to winnings from gambling paid to nonresidents and residents.
(i) This withholding tax applies to monetary and nonmonetary payments that are not deductible for corporate income tax purposes to resident individuals and to nonresident legal entities and individuals.
Source: Ernst & Young