Bulgaria places second in the EU, together with Latvia, in terms of lowest tax revenue/gross domestic product ratio. In those two countries the tax revenue/GDP ratio amounts to 27.9%. Only in Lithuania the tax revenue/GDP ratio is lower-27.2%, data of the European Parliament about the EU states’ tax systems show. On the other hand, in The Netherlands, Belgium, Sweden, and Finland the GDP/tax revenue ratio is highest. Data of the EP also shows that the highest amount of revenues in Bulgaria’s treasury is collected from taxes levied on consumption. The value added tax in Bulgaria (20%) is among the lowest in the whole EU and only Germany, Cyprus, Malta and Luxembourg have lower VAT. On the other hand, Hungary has the highest VAT-27%, followed by Denmark, Croatia and Sweden with 25%. VAT in Romania and Finland amounts to 24%. In Romania, however, VAT on food was reduced to 9%.
Monday will be mostly sunny with scattered high clouds. The lowest temperatures will be between 0° and 5°C; in Sofia - about 1°C, and the highest will reach between 13° to 18°C; in Sofia - about 14°C. In the mountains it will..
On the first day of the 51st parliament, ITN will initiate the collection of signatures for submitting a complaint to the Constitutional Court concerning the partial cassation of the elections, party leader Slavi Trifonov announced on..
Vazrazhdane calls for a recount of the votes from the early parliamentary elections, party leader Kostadin Kostadinov has told BNR. "It will perhaps show that there are protocols that do not match with the contents of the bags with..
Slavi Trifonov, leader of There Is Such a People (ITN) declared he would sign the declaration of We Continue the Change/Democratic Bulgaria (PP/DB),..
The recordings from 65 cameras, which streamed the counting of the ballots on election night online, have gone missing, according to a report by the..
We Continue the Change/Democratic Bulgaria (PP/DB), which came second in the 27 October parliamentary election, sent the other political forces to be..
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