{"id":236807,"date":"2005-11-25T13:45:00","date_gmt":"2005-11-25T13:45:00","guid":{"rendered":"http:\/\/new.moldova.org\/2005\/11\/25\/executive-proposes-lower-real-estate-tax-6868-eng\/"},"modified":"2005-11-25T13:45:00","modified_gmt":"2005-11-25T13:45:00","slug":"executive-proposes-lower-real-estate-tax-6868-eng","status":"publish","type":"post","link":"https:\/\/www.moldova.org\/en\/executive-proposes-lower-real-estate-tax-6868-eng\/","title":{"rendered":"Executive proposes lower real estate tax"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span><p><img decoding=\"async\" src=\"http:\/\/upload.moldova.org\/politicom\/institutii\/guvern.jpg\" align=\"left\" alt=\"\" \/>The executive has proposed a substantial reduction of the real estate tax starting January 1, 2006. In this regard, the executive approved on November 23 a draft amendment to Title VI of the Fiscal Code, which also establishes the limit of value of real estate exempted from taxation for beneficiaries of facilities. <\/p>\n<p>Finance Minister Mihai Pop told journalists that the executive proposed to reduce the real estate tax for Chisinau 15-fold, from 0.3 percent at present down to 0.02 percent of the market cost of real estate. <\/p>\n<p>The minister underlined that the amendments to Title VI of the Fiscal Code aim not to reduce the fiscal burden on taxpayers after January 1, 2006, when the first stage of introduction of real estate tax in line with market price of real estate will start. <\/p>\n<p>Pop noted that the list of persons who enjoy facilities for payment of real estate tax remains unchanged for next year, but the limit of value of real estate exempted from taxes for beneficiaries of facilities was modified. Thus, the sum exempted from ta xation grows substantially but differentially, starting next year, in dependence of concrete market price of real estate in locality. <\/p>\n<p>The document will take effect after the parliament examines and adopts it. \/\/ BASA-Press<\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span>The executive has proposed a substantial reduction of the real estate tax starting January 1, 2006. In this regard, the executive approved on November 23 a draft amendment to Title VI of the Fiscal Co<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-236807","post","type-post","status-publish","format-standard","hentry","category-economy"],"content_social_share":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span><p><img decoding=\"async\" src=\"http:\/\/upload.moldova.org\/politicom\/institutii\/guvern.jpg\" align=\"left\" alt=\"\" \/>The executive has proposed a substantial reduction of the real estate tax starting January 1, 2006. In this regard, the executive approved on November 23 a draft amendment to Title VI of the Fiscal Code, which also establishes the limit of value of real estate exempted from taxation for beneficiaries of facilities. <\/p>\n<p>Finance Minister Mihai Pop told journalists that the executive proposed to reduce the real estate tax for Chisinau 15-fold, from 0.3 percent at present down to 0.02 percent of the market cost of real estate. <\/p>\n<p>The minister underlined that the amendments to Title VI of the Fiscal Code aim not to reduce the fiscal burden on taxpayers after January 1, 2006, when the first stage of introduction of real estate tax in line with market price of real estate will start. <\/p>\n<p>Pop noted that the list of persons who enjoy facilities for payment of real estate tax remains unchanged for next year, but the limit of value of real estate exempted from taxes for beneficiaries of facilities was modified. Thus, the sum exempted from ta xation grows substantially but differentially, starting next year, in dependence of concrete market price of real estate in locality. <\/p>\n<p>The document will take effect after the parliament examines and adopts it. \/\/ BASA-Press<\/p>\n<div class='heateorSssClear'><\/div><div  class='heateor_sss_sharing_container heateor_sss_horizontal_sharing' data-heateor-sss-href='https:\/\/www.moldova.org\/en\/executive-proposes-lower-real-estate-tax-6868-eng\/' data-heateor-sss-no-counts=\"1\"><div class='heateor_sss_sharing_title' style=\"font-weight:bold\" ><\/div><div class=\"heateor_sss_sharing_ul\"><a aria-label=\"Facebook\" class=\"heateor_sss_facebook\" href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=https%3A%2F%2Fwww.moldova.org%2Fen%2Fexecutive-proposes-lower-real-estate-tax-6868-eng%2F\" title=\"Facebook\" rel=\"nofollow noopener\" target=\"_blank\" 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