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    Republic of Moldova adjusts its legislation on natural resources taxation

     27.03.2015     Ministerul Mediului   

    On March 27, 2015, a round table was organized within the premises of the Ministry of Environment on "Analysis of the current taxation system for natural resources in the Republic of Moldova".

    The meeting was organized by UNDP Moldova and the Ministry of Environment, in collaboration with Eastern Marketing Insights, Iasi, Romania, under the UNDP/GEF Project "Strengthening capacities to undertake Environmental Fiscal Reform to meet national and global environmental priorities", financed by GEF. High-level expert officials participated from the Ministry of Environment, Ministry of Finance, Ministry of Agriculture and Food Industry, State Ecological Inspectorate, State Main Tax Inspectorate, Apele Moldovei Agency, Moldsilva Agency, Land Relations and Cadaster Agency; representatives of donors' community, international organizations, and international financial institutions; representatives of local public administrations of Ialoveni, Glodeni, Leova; representatives of NGOs and business environment.

    The participants were suggested a new methodology on how to tax natural resources.

    Deputy Minister of Environment, Lazăr Chirică, welcomed the participants, mentioning that the quality of the representation confers the round table a status of a national meeting, attended by the persons interested in supporting the efforts of the Government of the Republic of Moldova to develop financing tools to facilitate the eco-technologies in the country, to combat climate changes, to develop a new methodology in the area of natural resources' taxation.

    After analyzing the current status related to natural resources in the Republic of Moldova and identifying the main problems in using, protecting and managing natural resources, there was established a misbalance in relation to the implementation of taxes for the use of natural resources. In this respect, it is necessary to adjust the legislation on natural resources' taxation, so as to protect the resources and to use them rationally. 

    The objectives of the meeting were examined thoroughly through the analysis of the legislative system in the Republic of Moldova on taxation of natural resources. 

    During the respective meeting there were presented the good practices of the European Union on taxation of natural resources, including the experience in Romania. In conclusion, it was mentioned that it is necessary to have a set of priority policy actions and recommendations for legislative and regulatory changes, which should be enforced to reform the taxation of natural resources.