Fri, Feb 10 2012

NRA investigates 400 companies for tax fraud

Sun, May 03 2009 19:20 CET

byRene Beekman

2031 Views
The national Revenue Agency (NRA) launched investigations into 400 companies for suspected tax fraud estimated at more than 100 million leva, NRA head Krassimir Stefanov told Bulgarian National Radio.

Stefanov said that after special measures, including the confiscation of cash registers at companies, the agency had collected 4 million leva, Bulgarian broadcaster Mediapool said.

April 30 was the final day for individuals to file declarations. According to preliminary data, 40 people filed declarations of income over one million leva, one person declared income of over 10 million leva.

Stefanov said the NRA was not targeting the rich. According to him, the actions of the agency were targeted at those who demonstrated high standards of living, owned real estate and yet declared no or minimum income.

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