Cars temporarily registered in Moldova to pay road tax

Chisinau, Dec. 1 /MOLDPRES/- Cars temporarily registered for testing in the Republic of Moldova will have special rules on road tax. At yesterday's meeting, the government approved the note on the draft law for the amendment of some normative acts, submitted as a legislative initiative.

Thus, the Tax Code will see that the subject of road use tax by vehicles registered in the Republic of Moldova are cars registered permanently, temporarily for tests in the Republic of Moldova.

At the same time, the Tax Code will be supplemented with a new article that will establish distinct rules on the fiscal period and the amount of the tax for the provisional registration of test vehicles. The first fiscal period in this case will be 90 days from the day the tax is paid.

In this case, the tax will be paid 25% of the tax quotas set according to annex No1 to Title IX (Road Taxes) of the Fiscal Code. At the expiration of the 90-day period, the tax subjects will pay the fees according to Article 339 of the Fiscal Code for the remaining period of the respective calendar year.

The draft also includes additions to the Law on compulsory civil liability insurance for damage caused by cars, which will allow the conclusion of insurance contracts with periods shorter than 12 months for cars temporarily registered for tests, but not shorter than 30 days.