This paper draws on the experience of Bulgaria in identifying the types and modus operandi of VAT frauds with a focus on the abuse of tax credit. It analyses the elements of tax design conducive to such abuses and discusses the possible solutions in the light of the international and domestic...

Measures of corruption are based on the concept of bribes as extra business costs. Drawing evidence from corruption surveys of business and tax service in Bulgaria, this paper looks at the bribe as a price paid by the taxpayer in exchange for income-maximizing services supplied by corrupt tax...

The paper studies Bulgaria's cost and trade competitiveness in the triple challenge of transition, accession to the EU and currency board arrangement. It studies unit labor cost (ULC) dynamics in the industrial sectors and their impact on export shares. Bulgaria's textile and apparel industries...

The paper studies the challenges of raising tax compliance in the small business sector in transition economies, drawing from the experience of Bulgaria. It identifies the elements of tax design and enforcement that discriminate against the small business and drive non-compliance. It argues that...

Purpose – The paper sets out to study value added tax's (VAT's) exposure to missing‐trader or carousel fraud and possible countermeasures, their costs and benefits. Design/methodology/approach – It studies the modus operandi of network fraud by distinguishing it from individual evasion....