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President: Bulgaria Needs Simpler Tax Collection System
Business | April 18, 2007, Wednesday // 00:00
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Bulgaria needs additional measures to simplify its tax collection system, President Georgi Parvanov (C) said at a business conference in Sofia. Photo by Kameliya Atyanasova (Sofia Photo Agency)
Bulgaria needs additional measures to simplify its tax collection system, President Georgi Parvanov said at a business conference in Sofia.
The local revenues administration and the court system have to join in becoming a ruthless and timely mechanism for stopping the criminal companies from accessing the gray economy market, Parvanov said.
Parvanov spoke at a conference titled "The European Perspective Before the Small and Mid-Sized Business in Bulgaria."
The President also said that the fact that the tax administration believes that taxes are too low, while businessmen see them as high enough is a paradox.
A survey made public at the forum showed that 46% of the managers of such businesses believe that the country puts no efforts in encouraging the business. Some 53% believe that the state can help best by not interfering.
The local revenues administration and the court system have to join in becoming a ruthless and timely mechanism for stopping the criminal companies from accessing the gray economy market, Parvanov said.
Parvanov spoke at a conference titled "The European Perspective Before the Small and Mid-Sized Business in Bulgaria."
The President also said that the fact that the tax administration believes that taxes are too low, while businessmen see them as high enough is a paradox.
A survey made public at the forum showed that 46% of the managers of such businesses believe that the country puts no efforts in encouraging the business. Some 53% believe that the state can help best by not interfering.
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