Starting from January 1, 2026, the Republic of Moldova will abandon the taxation of car imports based on engine capacity, introducing a VAT of 20%. Authorities justify this measure as an alignment with European standards. Representatives of car dealerships warn that the prices of new cars could increase by thousands of euros, which has led to a surge in demand before the implementation of the new taxes. Experts estimate a decrease in sales in the first half of 2026, especially for more affordable cars.
Sources
Latest News
08:52
Nicușor Dan and Luca Niculescu at the meeting of the Francophone Constitutional Courts in Bucharest
08:37
Brașov Multipurpose Hall becomes more expensive / Construction costs reach 337.4 million lei
08:24
Marco Rubio rejects reports of a possible departure from the Trump administration: “It has always been my plan to work for President Trump until the end of his term”
08:21
Wall Street loses $2 trillion after Democrats' victory in the US midterm elections
08:07
Google, Meta, and TikTok challenge in court the California law that limits social media features for children under 16
See more news