'Tax resident' concept to be legislatively clarified

02/15/18 20:57

'Tax resident' concept to be legislatively clarified

It is supposed to apply to persons who actually reside in Pridnestrovie for more than 183 days a year but in legal terms only stay in the country

Tiraspol, 15 February. /Novosti Pridnestrovya/. The Ministry of Finance proposes to clarify at the legislative level the status of tax resident of the PMR. Amendments to the law "On Personal Income Tax" were proposed at a meeting of the government within the framework of the implementation of a roadmap for improving the domestic conditions of entrepreneurship.  

As deputy finance minister Natalia Sokolova recalled, this law has a notion of "PMR resident", who can enjoy tax deductions provided for by this law. Under the current law, residents are those who continuously live in our territory for at least 183 calendar days. So, the content of this notion is proposed to be clarified applicable to those who do not permanently reside in the country but stay here on the basis of relevant documents.

"That is, if a person constantly on the basis of relevant documents resides in our territory for 183 calendar days or more, he will be treated as the resident and, accordingly, have the right to appropriate deductions. Adoption of this law will improve the position of taxpayers. We do have people who actually live here on the basis of documents, but according to documents, it turns out that they are staying here because they do not have a permanent place of residence. They are registered and legally stay here, but the current wording does not suggest residence but staying," the ministry official explained.

The government has backed this draft law, but whether it will be passed or not will depend on parliamentarians.

 

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