Extraordinary Statement by Dimitar Radev on Tax Changes - Business — News Standard
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.5 Articles
5 Articles
Proposals for changes in this legislation include the budgetary process. Decisions are based on the competence of the Government and the People's Assembly. The BNB does not loan the country into political debate for budgetary priorities. When presenting a professional assessment, you can proceed from the proposal for the financial system and economy. This is the result of financial conditions, credit, bank stability, and the interaction between …
The government's proposed additional taxation of bank profits could lead to more expensive and more difficult-to-access loans, limit private investment and increase the cost of state financing. This was warned by BNB Governor Dimitar Radev in a statement published on the central bank's website. According to him, increasing taxes on financial intermediation has an economic cost that does not necessarily remain at the expense of banks. They can re…
BNB Governor Dimitar Radev issued an unusually sharp warning against the Radev cabinet's idea of additional taxation of the profits of ...
Proposals for changes in tax legislation are part of the budget process. Decisions are within the competence of the government and the National Assembly. The BNB does not take sides in the political debate on budget priorities. It presents a professional assessment of the possible consequences of the proposed measure for the financial system and the economy. This is stated in a statement by the Governor of the BNB Dimitar Radev. Here is what els…
The additional taxation of surplus profits in certain sectors is an anti-inflationary measure. As a result of such taxation, companies lose interest in raising the prices of their goods and services.
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
