Bulgarian Parliament Votes to Allow Foreign Companies in Railway Operation
National Assembly adopted at first reading two bills for amendments to the Railway Transport Acts
Bulgarian lawmakers passed at first reading amendments to the Taxation and Social Security Procedure Code, Monday.
Under the amendments, tax payers will determine for themselves which liability to pay off first in case they cannot afford to settle all liabilities, Bulgaria's parliamentary website informed.
The changes to the Taxation and Social Security Procedure Code followed the finding of Bulgaria's Constitutional Court that the single account for paying taxes and mandatory social security contributions was unconstitutional.
The amendments regulate the payments distribution of relevant kind of public liabilities. The payments will settle the liability, the deadline of which is closest to the moment of payment. In case two or more public liabilities of the same kind are due on the same date, they will be paid off proportionately.
The electronic access to tax and insurance accounts will be preserved, providing the option to check payments status at all times.
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