The Ministry of Finances is currently working on its draft bill regarding the collection of receipts in its efforts to tackle tax evasion. According to the plans, for which the Ministry is awaiting troika approval, the face value of receipts from super markets and fuel stations will be “halved”.
Furthermore, the Ministry’s draft bill contains provisions for the reduction of various tax-related fines (such late tax return submission), as well as changes to the surplus value tax, which will not apply to real estate that has been possessed for over 25 years by the taxpaying owner.
The draft bill is also set to include a number of provisions on VAT payments and changes to the taxation of farmers.
