Moldova Capital Gains Tax Guide 2026

Overview — CGT in Moldova

Capital gains in Moldova are treated as ordinary income under the Tax Code. There is no separate CGT rate — gains are aggregated with other income and taxed at the applicable rate (12% for individuals, 12% for companies). A chargeable gain arises on the disposal of an asset, calculated as the difference between the sale proceeds and the acquisition cost (including incidental costs of acquisition and disposal). Disposal includes sale, exchange, gift, and deemed disposal. Resident individuals and companies are taxed on worldwide gains; non-residents are taxed only on gains from Moldovan assets.

CGT Rate — 12% (Included in IIT/CIT)

The effective CGT rate is 12% for both individuals and companies, as capital gains are included in taxable income. For individuals, the MDL 24,000 personal allowance may also apply to reduce the effective rate on smaller gains. The gain is calculated as: Sale proceeds minus (Acquisition cost plus incidental costs). Costs include purchase price, legal fees, registration fees, and capital improvements. Only expenditure incurred wholly and exclusively for the asset qualifies.

Exemptions

Key exemptions from CGT in Moldova include:

• Principal residence — gain from the sale of an individual's main home is exempt
• Long-term shareholdings — gains from shares held for more than 3 years may be exempt (subject to conditions)
• Agricultural land — gains from the sale of agricultural land held by individuals for more than 5 years may be exempt
• Inheritance — assets transferred on death are not subject to CGT (no deemed disposal)
• Gifts between close relatives — certain gifts are exempt from CGT

Property & Real Estate Gains

Gains from the disposal of real property are subject to CGT at 12%. The acquisition cost is indexed for inflation using the consumer price index published by the National Bureau of Statistics. This indexation reduces the taxable gain in periods of high inflation. The purchase must withhold 1% of the property value as advance CGT payment for individuals (unless exempt). For companies, the full gain is included in the CIT calculation.

FAQs

How do I calculate my chargeable gain?

The chargeable gain is the sale price minus the acquisition cost (indexed for inflation) minus incidental costs. Example: Buy property for MDL 500,000, indexed cost MDL 650,000, sell for MDL 900,000, costs MDL 30,000. Gain = 900,000 − 650,000 − 30,000 = MDL 220,000. CGT at 12% = MDL 26,400.

Can I offset capital losses against capital gains?

Yes, capital losses in a tax year may be offset against capital gains in the same year. Unrelieved losses may be carried forward for up to 5 years but cannot offset other income.

Are foreign capital gains taxable in Moldova?

Yes, tax residents are taxed on worldwide capital gains. Foreign tax credits may be available under applicable double tax treaties to avoid double taxation.

Disclaimer

This guide provides general information about Moldovan capital gains tax for the 2026 tax year. Tax laws and rates may change. Always consult with a qualified Moldovan tax advisor or the State Tax Service for advice specific to your situation. InvestmentKit does not provide tax advice.