Value added tax
VAT burden may be lifted for SMEs and self-employed
Hundreds of thousands of small and medium-sized enterprises, self-employed professionals and workers paid on the issue of invoices could soon be relieved of having to pay value-added tax, as the Finance Ministry has prepared such a proposal for discussion with the countrys creditors.
Registration numbers of tax dodgers’ will be suspended
By Sotiris Nikas
The Finance Ministry plans to cancel the tax registration numbers of any taxpayers or enterprises that do not pay their due taxes as the government attempts to further contain its revenue losses.
Serbia will export wheat despite lower yield
Serbia will export wheat despite lower yield
BELGRADE -- The harvest is nearly complete and the country will have enough wheat for its needs and export, even though the average yield is somewhat lower than last year.
This was announced by the head of the Association "Serbia Grains", Vukosav Saković.
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Bulgaria's Customs Collect BGN 350M Less Than Forecast in Q1 2014
Bulgaria's Customs Agency has recorded a total of BGN 350M underperformance in VAT and excise duty revenue compared to the monthly estimates set by the treasury in Q1 2014.
Turkish tax amnesty package narrowed after criticism by finance minister
Tax payables and fines have been removed from the list of items that would see amnesty as part of a draft omnibus bill, following criticism by the finance minister on June 30.
Minister ‘in principle’ against tax remissions offered by his party
Finance Minister Mehmet ÅimÅek has said he supports an omnibus bill by his party, which include a wide range of tax amnesties, despite the fact that he was personally against such implementations.
Primary surplus, revenues beat targets
January-May budget figures show tax collections fetched 140 million euros more than expected
By Sotiris Nikas
The budgets primary balance and its revenues have beaten their targets according to the deficit figures for the years first five months released on Tuesday by the Finance Ministry.
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Grey Economy in Bulgaria Decreased in 2013 – Deputy FinMin
The grey economy in Bulgaria decreased in 2013, according to Deputy Finance Minister Lyudmila Petkova.
Katerina Savvaidou to be named public revenues general secretary
Greece's government named lawyer Katerina Savvaidou as the country's top tax official on Monday after her predecessor abruptly resigned under a cloud, causing concern among the country's international lenders.
Budget deficit reaches RSD 114.6 bln in five months
BELGRADE - Serbia's budget deficit reached RSD 114.6 billion in the first five months of 2014, Ministry of Finance stated in a release.
The deficit totals RSD 116.6 billion at the state level, as it includes expenditure for project loans, which, although not a budget item, is an item of state spending.