MPs approve amendments to the Code of taxation and social insurance procedure

Legislators approved amendments to the Code of taxation and social insurance procedure at first reading. Menda Stoyanova, Chairperson of the Budget and Finance Committee, said with the changes EU member-states will be able to share information on a larger set of levies, namely all taxes with the exception of VAT, customs duties and tariffs and excise duties, mandatory insurance contributions, charges for certificates and other documents issued by state and local authorities, as well as contractual receivables, including payments for public services. The chief executive of the National Revenue Agency will be the national authority in charge of administrative co-operation. Then he or she will give one of the agency's departments a mandate to conduct communication with the European Commission and agencies in other member-states tasked with administrative co-operation and act as an applicant or requested authority.

Stoyanova said that there already is a department within the National Revenue Agency, set up especially to function as the applicant/requested authority under the relevant EU directive. That is why changes in the Code of taxation and social insurance procedure will require no additional government spending in order to ensure the administrative and technical capacity necessary to support the process of international co-operation on taxation.

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