Moldova Tax Law Amendments for 2022 Include Increased Personal Income Tax Exemptions and Tax Exemption for IT Parks

Moldova has published Law No. 204 of 24 December 2021 in the Official Gazette, which provides for various tax law amendments with effect from 1 January 2022, including amendments to the Tax Code. This includes an increase in the different personal income tax allowances (exemptions) as follows:

• from MDL 25,200 to MDL 27,000 for the standard personal allowance;
• from MDL 30,000 to MDL 31, 500 for the major personal allowance;
• from MDL 18,900 to MDL 19,800 for the spouse's major allowance; and
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