“The republishing of the Tax Code would be very useful. But I don’t think it will occur this year. The Finance Ministry doesn’t have the necessary resources or the necessary time. It has people, but they are involved in other projects. It is not simple at all. I think it will not be published within the next 2-3 years, either,” said Milcev after Ernst&Young’s annual conference on fiscality issues.
The tax code came into force at the beginning of 2004 and over the course of time it was modified many times, which generated difficulties for the business environment.
The republishing is very important and complex, so it will be a lengthy process.
(English version by Daniela Stoican)