Tax Inspectors Uncover BGN 84 M in Unpaid Dues in NE Bulgaria

Crime | June 12, 2012, Tuesday // 13:51|  views

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Audits at 615 companies in northeastern Bulgaria have uncovered unpaid tax and social security dues of BGN 84 M by mid-May 2012.

68% of the audits conducted by inspectors at the Control Directorate of the National Revenue Agency (NRA) office in the Black Sea city of Varna detected over BGN 10,000 in unpaid dues.

The inspectors found that the majority of the unpaid dues, BGN 20 M, had been incurred by retailers, while the construction sector was found to owe an extra amount of over BGN 10 M to the state budget.

The audits of cereals producers and traders resulted in 48 inspection certificates stating unpaid dues of over BGN 9 M.

The audits of companies based in northeastern Bulgaria revealed over BGN 61 M in unpaid VAT and BGN 11 M in unpaid corporate tax.

At the same time, a total of 125 audits of natural persons detected BGN 5 M in concealed income.

To secure the payment of the unpaid dues, the tax authorities froze movable and immovable property and bank accounts of the debtors.

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Tags: tax inspectors, audit, VAT, corporate tax, social security payment, retailer, construction sector


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