Scratchpad ()

BGN 450 million VAT remained uncollected by June 2013

Finance and Taxes

Deputy Finance Minister Lyudmila Petkova informed the MPs that despite taking all possible legal actions to increase the collection of VAT, the uncollected Value Added Tax amounted to BGN 450 million by June 2013.


This amount almost equals half of the BGN 1 billion loan which Bulgaria will take if the budget update is approved on Wednesday. 


"The revenues are enforceable by the National Revenue Agency (NRA). The problem is the Customs Agency'', ex-NRA director and GERD MP Krasimir Stefanov recated.