CABINET TO ANNOUNCE TAX POLICY

Business | November 19, 2001, Monday // 00:00

The Cabinet will announce its tax policy for its whole term, because people must know what taxes will be imposed on them, Kostadin Paskalev, Deputy Prime Minister said. The changes to taxes necessitated by Bulgaria’s future entry into the European Union and the agreement with the International Monetary Fund, as well as the interval during which to be imposed, shall also be announced. The proposal has been supported by all ministers. Minister Paskalev pointed out that although the Cabinet’s tax policy will be ready by the end of 2001, each year offers different challenges.

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