News
Property tax assessments will not increase
01.10.2010
The Treasury does not plan to raise property tax assessments, said the mayor of Mezdra Ivan Asparuhov after the next meeting of the association of municipalities with Finance Minister Simeon Djankov. By law, the mayors themselves determine the local taxes. Raising the assessment leads to higher property tax.According Asparuhov, in many municipalities, property tax has already reached the maximum limit set by the Treasury. The conversations of the association with the team Djankov will continue, however it is clear that next year municipalities will receive as much as in 2010.
The idea to cede part of the tax "Total income" of municipalities is again postponed.
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