VATupdate

Share this post on

Moldova Clarifies VAT Rules for Movable Property Repairs by Non-Residents

  • Moldova’s State Tax Service (STS) issued a clarification on VAT for movable property transferred to non-resident companies for repair, renovation, or modernization outside Moldova.
  • Importers who are not VAT payers must pay VAT on imported goods.
  • VAT obligations, deadlines, and calculation methods for importing goods and services into Moldova are specified.
  • VAT paid on imported goods can be deducted if used in production.
  • VAT is due on goods imported for free distribution as promotional materials.
  • VAT on imported services, including training and education by non-residents, must be calculated and paid.
  • VAT is not owed on transit fees paid to other countries.
  • The exchange rate for calculating VAT on imported services is specified.
  • Procedures for reporting and paying VAT on imported goods and services are outlined.
  • Guidance is provided to avoid double taxation on repair/processing services done abroad.
  • Updates and clarifications to tax laws and regulations are published.
  • The website offers a database of tax practice generalizations and contact information for the State Tax Service.
  • Users can subscribe to receive updates from the State Tax Service.

Source: sfs.md

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

Sponsors:

VAT news

Advertisements:

  • AXWAY - VATupdate Banner
  • VATupdate.com