The business sector and the fiscal experts were eagerlyexpecting yesterday to see the modifications made by the Governmentto the Fiscal Code finally published in the Official Gazette atleast one week before enforcement of the new regulations.
The emergency ordinance had not been published by yesterdayafternoon. Instead, rumours about the document being kept foradditional changes started spreading.
At any rate, the Finance Ministry is again in breach of theprinciple in the Fiscal Code that requires at least a six-monthinterval between the introduction of changes and their enforcement;if publication is further delayed, it will set a new record interms of changing the legislation with hardly any notice. This isnot Boc Government's first hesitation in terms of legislativechanges. A special precedent in this regard was the introduction ofthe 16% flat tax on January 1, 2005.
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