The impact of fiscal pressure in the viti-vinicultural sector and its role in the development of rural area in The Republic of Moldova

Abstract

The wine sector is one of the strategic branches of the national economy of the Republic of Moldova. In this respect, ensuring a dynamic and balanced development of it, increasing the competitiveness and economic efficiency of the wine products, increasing the export potential of the country - all these need to be regulated by an effective and easily applicable legislative and normative framework. The absence of a coherent strategy at national level in the field of winemaking, in order to penetrate the product and promote it on the EU market, leads to the need to examine the impact of taxes on the financial situation of entities in the wine sector, to study the processes of taxation of entities in correlation with various indicators that characterizes economic and financial activity. All decisions in the field of the entity's economic policy, the modification of the product range, the replacement of the retail market and the deployment of other important measures require the forecasting of possible fiscal aspects. The underestimation of the expected fiscal consequences can lead to unpredictable situations for businesses in the wine sector. However, it is important for the entity not only to know the size of future tax payments, in the event of any changes in the indicators of its economic activity, but also to take measures to obtain economic indicators of the activity that would ensure its optimal taxation.