Petkova says no burden for businesses if software meets regulations

ByEnigma 808

Bulgarian Finance Minister Temenuzhka Petkova dismissed concerns about software requirements for retail point-of-sale systems, asserting that merchants using compliant programs face no additional expenses. The minister accused opposition coalition We Continue the Change and Democratic Bulgaria of undermining efforts to combat informal economic activity after the grouping demanded the removal of sales management software provisions from budget legislation.

Petkova clarified that the National Revenue Agency will neither develop nor deploy proprietary applications, emphasizing that existing regulations already mandate retail establishments to employ certified programs meeting technical standards. Obligations affect only software producers and distributors who must obtain agency certification, while over 6,000 businesses already operate approved systems. The minister cited enforcement actions revealing widespread use of non-compliant programs enabling data manipulation and tax evasion, particularly regarding value-added tax collection.

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    Besides writing and being a content creator, Enigma 808 sometimes likes to watch paint dry on walls, listening to ASMR while timing snails racing. Such is life.