Everything you need to know about property taxes

According to the legislation of the Republic of Moldova, each owner of real estate is obliged to pay state tax for this property once a year. Since the payment deadline is very close - June 30th, we decided to inform you about this topic in advance. Below we have listed some aspects that you should pay attention to.

 
Property tax payment deadline
According to fiscal legislation, tax notices for payment of real estate are sent by the tax service and the local tax collection serviceuntil June 30 of the current year.
                                                                       
Important: If you took possession of the property after March 31 of the current financial year, tax payment notices are sent no later than February 1 of the following year.

What properties are subject to tax?
According to the Fiscal Monitor, payment of tax is mandatory for all owners of:
• land located within or outside villages;
• buildings;
• buildings;
• apartments;
• other isolated premises, the movement of which is impossible without causing damage to their purpose;
• real estate at the stage of completion of construction 50% or more, remaining unfinished within 3 years after the start of construction work.
 

Tax amount calculation
For individuals, the amount of real estate tax is calculated annually by the tax and local tax collection service, and the amount of the tax itself varies depending on the locality.
 

Payment of property taxes
After receiving a payment notice, each taxpayer has several ways to pay the appropriate tax:
• any branch of any commercial bank;
• any post office;
• online – through the state electronic payment system www.mpay.gov.md, without the need for an electronic signature.

Important: at the same time, if you have an electronic signature, you can generate a payment notification and make a payment through the SIA Payer Account

Partial tax exemption
Based on the new provisions of the Tax Code, some categories of citizens are partially exempt from paying this tax. These categories are as follows:
• people of retirement age, people with severe and severe disabilities, people with childhood disabilities, people with moderate disabilities (participants in combat operations to defend the territorial integrity and independence of the Republic of Moldova, participants in combat operations in Afghanistan, participants in the liquidation of the consequences of the Chernobyl nuclear power plant accident), as well as persons who were repressed and subsequently rehabilitated);
• families of participants who died in hostilities to defend the territorial integrity and independence of the Republic of Moldova, and the persons they supported;
• families of military personnel killed in combat in Afghanistan and those who supported them;
• families with disabled children under the age of 18, and family members who support and constantly care for disabled people;
• families of persons who died as a result of illnesses caused by their participation in the work to eliminate the consequences of the accident at Ts.A.E. Chernobyl and the people they supported.
 

Important: failure to pay property taxes on time may result in penalties and sanctions for seizure of real estate by government agencies. More information about property taxes can be found here:Property tax

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Conclusion

Finally, according to the legislation of the Republic of Moldova, property owners are required to pay the annual tax by the June 30 deadline. This duty applies to various types of property, including land, buildings, apartments and other objects. Tax amounts are calculated by local tax authorities and vary by location. Tax can be paid through a variety of methods, including bank branches, post offices or online through the government's electronic payment platform. Eligible individuals may benefit from a partial exemption under new provisions of the Internal Revenue Code. It is important to comply with established deadlines to avoid fines and penalties. For detailed information about property taxes, we recommend visiting the Internal Revenue Service website. The CasaHub team is always at your service with up-to-date information in the field of real estate, legislation and market trends. To receive regular updates, we invite you to subscribe to the CasaHub newsletter.