Adaptation of the Tax System of Moldova to EU Standards

Abstract

Currently, the adaptation of the tax system of the Republic of Moldova to the standards of the European Union is an important task related to the harmonization of tax legislation, increasing the transparency of tax policy and attracting foreign investment. The implementation of EU standards contributes to the improvement of tax administration, the reduction of the level of the shadow economy and the creation of a favorable business climate. Moldova has made progress in aligning its tax system with EU standards, particularly in VAT and excise duties. Participation in the Fiscalis program supports tax administration reforms and transparency improvements. However, challenges such as the shadow economy and political instability hinder full compliance. Despite this, tax reforms have enhanced investment attractiveness and economic ties with the EU. CZU: 336.226(478):006.44(4EU); JEL: H20