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Bulgarian Revenue Agency: Fines Loom over Undeclared Taxes

Business » FINANCE | May 7, 2014, Wednesday // 13:49| Views: 826 | Comments: 0
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Bulgaria: Bulgarian Revenue Agency: Fines Loom over Undeclared Taxes Photo by BGNES

Bulgaria's tax collecting authorities will issue warning calls starting Wednesday for citizens who have not submitted their tax declarations for 2013.

The deadline for submitting tax declarations was April 30. Those who have not done so or filled in the form incorrectly will be subjected to fines after a 7-day warning period, the National Revenue Agency revealed for Nova TV. Minor errors in the declaration forms will not be sanctioned.

The final measures against those who do not submit their declarations and pay the owed amount would be freezing their salaries or other assets.

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