Paying Taxes: Easy in Bulgaria
Only 9.72% of managers in Bulgaria identify tax rates as a major constraint. Only 13.74% identify tax administration as a constraint. These are the results of the latest World Bank enterprise survey in Bulgaria, done in late 2007.
On these scores Bulgaria is far ahead of the rest of the region. Among East Europeans, nearly 30% still view tax rates as a major constraint. And as recently as 2005, over 20% of Bulgarian managers thought so.
The difference is a series of reforms on reducing tax rates and making it possible to pay taxes online. In this regard Eastern Europe has led the world over the last decade, with Bulgaria as one of the top reformers. In Doing Business 2008, Bulgaria was named the top global reformer in taxes. Businesses seem to agree.
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40 000 companies use electronic filling of tax returns (300% increase for a year); 200% is the increase for citizens
source (in Bulgarian only):
http://www.investor.bg/?id=62600
http://www.nap.bg/preview_news?p_news_id=320
Posted by: Georgi | May 5, 2008 6:50:58 AM