Moldova Enacts 2026 State Budget Law Imposing 1% Privatization Tax on Public Asset Sales

• Law No. 322 establishes a 1% tax on the purchase value of public property privatized by both residents and nonresidents.
• The tax must be paid before signing the sale-purchase contract.
• Resident individuals not engaged in business are exempt if they receive public property for free.
• No tax refunds are allowed if contracts are terminated due to purchaser nonperformance.
• The law takes effect January 1, 2026.

Source: news.bloombergtax.com

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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