Moldova Considering Revised Draft Tax Reforms Including Removal of Proposed Corporate Income Tax Regime Based on the Estonian Model

Moldova's Ministry of Finance has published a revised draft law containing proposed tax reforms. As previously reported, the original proposal included a new corporate income tax regime based on the Estonian model, including a 0% tax rate on reinvested/undistributed profits, along with a 15% tax rate on distributed profits and a 7% tax rate on dividends. This has been removed in the latest draft. The following are also removed in the latest draft:

• The introduction of a new progressive incom…