According to the Ministry of Finance, care will have to be taken to make this process a success. Preparations are already being made for this. “The right choices have to be made and at the same time the budgetary consequences have to be considered. VAT will replace the current turnover tax system. With the shift in pressure from direct to indirect taxes, the rates of wage tax and income tax will be adjusted simultaneously with the introduction of the new tax form. ”
Sources:
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