Bulgarian Finance Minister opposes food tax

In an interview available on the website of the Bulgarian Ministry of Finance, the Minister Vladislav Goranov, asked to comment on the matter, has voiced his opposition to the much debated proposal of a ‘food tax’.

The Finance Minister questioned whether it is appropriate to change consumers’ behaviour through the introduction of new taxes, adding that this very goal would fail. Moreover, he expressed his concern that such a measure could result in the smuggling of similar goods not subject to taxation from neighbouring countries.

In conclusion, Minister Goranov stated that most likely this type of tax will not be introduced.