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Eighty percent of the bureaus de change in the Bulgarian seaside resort of Golden Sands present misleading information, Varna tax officers found out after inspections.
Misleading information is usually presented on boards outside the bureaus, which are considered marketing materials. Tax officers cannot fine bureau owners for positioning such boards.
Some of the commonly used strategies involve presentation of solely the currency buying rates or the percentage difference between the buy and sell rates.
Representatives of National Revenue Agency advise tourists to examine closely the bill before putting their signature under the transaction. The exact exchange rate should be presented inside the bureau.
Misleading information is usually presented on boards outside the bureaus, which are considered marketing materials. Tax officers cannot fine bureau owners for positioning such boards.
Some of the commonly used strategies involve presentation of solely the currency buying rates or the percentage difference between the buy and sell rates.
Representatives of National Revenue Agency advise tourists to examine closely the bill before putting their signature under the transaction. The exact exchange rate should be presented inside the bureau.
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