The Convention between the Government of the Republic of Moldova and the Government of the French Republic for the avoidance of double taxation and the prevention of tax evasion and fraud regarding income taxes has been ratified

27 Jul 2022

Please be informed that on 22 July 2022 entered into force the Law no. 208 dated 15 July 2022 for the ratification of the Convention between the Government of the Republic of Moldova and the Government of the French Republic for the avoidance of double taxation and the prevention of fiscal evasion and fraud regarding income taxes.

In order to apply the provisions of the Convention, the contracting states will notify each other of the fulfilment of all the internal procedures necessary for entry into force.

The provisions of the Convention will be applied as follows:

  • in the case of income taxes withheld at source, taxable amounts realized on / after 01 January of the calendar year following the year of entry into force of the Convention;
  • in the case of income taxes that are not withheld at source, related revenue, as the case may be, for any for any calendar year or accounting period that begins on / after 01 January of the calendar year immediately following the year of entry into force of the Convention
  • with reference to the other taxes, if the taxable event will take place on / after 01 January of the calendar year immediately following the year in which the Convention will enter into force.

We draw your attention that The Moldovan tax law expressly provides that the Double tax treaties prevail over the national provisions except the case the domestic norms provide for more favourable tax rates.

 

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Daniel Anghel

Partner, Tax, Legal and People Services Leader, Romania

Ruxandra Târlescu

Partner, Tax Services, Romania

Anastasia Dereveanchina

Tax and Legal Services Leader, PwC Moldova

Veronica Știrbu

Tax Manager, PwC Moldova

Tel: +373 79 401 255

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