The business community is concerned about bankruptcy due to the “sealing” measure, while the National Revenue Agency (NRA) is adamant that it serves a corrective purpose.
“The business community is ‘in favor’ of achieving the goals of Regulation N-18, but is opposed to the way this will be done.” This was stated on the program “Plus-Minus: Commentary After the News” by attorney Valentin Savov, who is also chairman of IFA – Bulgaria.
Goranov: Some are using Regulation N-18 as a fig leaf for the wrong model of doing business.
According to him, technical issues with the National Revenue Agency’s servers could lead to a massive problem for the entire business sector. He explained that if a fiscal device has no connection to the revenue agency for more than 24 hours, it locks up and the business must cease operations until the problem is resolved.
Attorney Savov explained that businesses are also concerned about the coercive measure of “sealing,” which is imposed after violations are discovered at a given commercial establishment. “First of all, the consequences that may follow this measure are catastrophic for the business. If a business is sealed for 30 days, for example, it could go bankrupt. Second, the unclear regulations governing when sealing is permitted are a cause for concern. Currently, this is done even for a first-time violation,” the lawyer explained.
“The ‘sealing’ measure has nothing to do with Regulation N-18. It is stipulated in law and has been in effect for the past three years. It applies to tax violations. The measure was introduced several years ago when it became apparent that the administrative sanctions being imposed were not fulfilling their intended purpose,” explained National Revenue Agency (NRA) spokesperson Rosen Bachvarov.
According to him, this measure serves as a deterrent. He is adamant that no business has been sealed without a specific, legally established reason.
More information at: https://nova.bg/news/view/2020/
