The Ministry of Finance Moldova approved a proposed amendment to the VAT refund regulation on April 13, which allows economic operators who render exported services to use bank statements as evidence to prove entitlement for a VAT refund claim in the absence of payment documents (payment order).
The urgency to complete the Regulation was conditioned by the difficulties experienced by service exporters, particularly in the IT sector, in establishing the right to a VAT refund for services supplied, in the situation in which payment documentation is now required to prove the right to a VAT refund.
Source Global VAT Compliance
Latest Posts in "Moldova"
- Moldova to Phase in VAT and Excise Taxes in Transnistria by 2027
- Moldova Replaces Planned VAT Hike with Tiered Tax System
- Moldova Revises VAT Plan to Ease Bankruptcy Fears
- Moldova Digitizes VAT Registration and Certificate Issuance Process
- Levelling the Banks of the Dniester: Moldova to Phase VAT and Excise onto Transnistrian Trade
