- Moldova will implement a streamlined VAT declaration format for electricity and natural gas transactions starting January 2026.
- The reform standardizes the reverse charge mechanism and reporting for all energy market participants, covering both domestic and cross-border trade.
- The new rules apply to purchases from local and foreign suppliers, including services like grid access and energy transport.
- Energy traders and merchants must follow unified reporting procedures for VAT on all energy transactions.
- The changes aim to reduce administrative burdens and align Moldova’s fiscal practices with international standards.
Source: moldova1.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.
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