Tax

By Prokopis Hatzinikolaou

Despite the growing political uncertainty, thousands of Greeks are scrambling to meet the deadline for tax payments, set for the end of the year.

Public institutions and universities owe the Sofia Municipality some BGN 23 M in unpaid garbage fee and property tax installments.

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BELGRADE - The Serbian government on Saturday adopted a bill on the excise law that amends the provisions on the time and manner of filing excise tax returns.

Also adopted were bills amending the laws on value added tax and corporate income tax, the Serbian government's press office said in a statement.

A tax office in Thessaloniki was damaged early on Monday when a rudimentary explosive device went off at its entrance.

Police said the device contained three camping gas canisters and had been placed outside the tax office in Pylaia. The blast caused minor damage.

Nobody was injured as the tax office was closed when the explosion occurred.

A drop of 15 per cent in the sales tax imposed on tourist services has been welcomed by the Romanian tourism industry.

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By Prokopis Hatzinikolaou

The government is concerned about state revenues in the last month of the year as they may be affected by the torrential political developments.

The 2015 draft budget will most likely be referred to Parliament on Friday morning, Prime Minister Victor Ponta announced this Monday.

By Roula Salourou

The International Monetary Fund has proposed the introduction of a single set of regulations for calculating social security contributions and taxes, as well as a common rate of contributions for all workers insured in social security funds, i.e. both salaried workers and the self-employed.

The Finance Ministry will repost on its website, for public consultation, a draft amending the Tax Code, and the new document will come into effect on January 1, 2016, according to Finance Minister Ioana-Maria Petrescu.

Bulgaria's Parliament on Thursday turned down a proposal to increase tax on interest earned from bank deposits to 10% from the current 8% from 2015.

The proposal was submitted by the centre-right GERB party, the biggest partner in the coalition government.

The Parliament rejected the motion in second and final reading in a 95-77 vote with four abstentions.