EXPERT PROPOSES VAT ABOLITION

Politics | June 11, 2001, Monday // 00:00| Views: | Comments: 0
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A draft on abolition of VAT (Value Added Tax) payments upon the international services in the field of tourism was promoted at a public debate in Slanchev Bryag (Sunny Beach) by Vladimir Karolev, king`s economic expert. He declared before private proprietors that he committed himself to levy the companies in the branch with only 5% VAT upon the services on the domestic market. Mariana Assenova, Deputy Economy Minister (UDF), said that in few days Vice-Premier Petar Zhotev will sign orders on the privatization of `Primorsko` International Youth Center and the residual share of Slanchev Bryag. Representatives only of NMS II and UDF took part in the debate.
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