Twice as Severe Financial Blows for Taxpayers: Fines Changed From Leva to Euros
4 Articles
4 Articles
The Bulgarian Industrial Association objects to the planned increase in penalties in tax laws, which, according to the organization, is not sufficiently justified. In an interview with BNR, the deputy chairman of BIA Stanislav Popdonchev said that in some of the projects it is planned that the numerical value of the fines will remain the same, but the word “leva” will be replaced by “euro”. “We do not support the unmotivated increase in sanction…
The Ministry of Finance has included a twofold increase in fines and property sanctions for citizens and companies in all tax laws for 2027. Instead of technical currency conversion at the official exchange rate, the state directly replaces the word "levy" with "euro", while maintaining the same numerical values. In this way, the financial blows for taxpayers jump nearly twice compared to their current levels. Failure to submit an annual tax ret…
The Ministry of Finance has included a double increase in fines and property sanctions for citizens and companies in all tax laws for 2027.
The Ministry of Finance has included a drastic increase in fines and property sanctions in all tax laws for 2027. In the legal texts, the numerical amount of the sanctions remains the same, with the words "levy" being directly replaced with "euro".
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