The National Assembly Committee on Budget and Finance adopted on first reading the proposal for introduction of 9% VAT on restaurants and books, including electronic books.
The Bulgarian Ministry of Finance has warned that if value added tax for restaurants and books is reduced from 20% to 9%, the VAT for other goods and services has to be increased to 24%, or the income tax of the companies should stand at 17%-18%. The draft amendments to the VAT Act are submitted by the ruling coalition and other parties.
If all proposals for reduction of VAT rates for certain goods and services are approved, the damage to the state treasury will amount to nearly EUR 920 million, the position signed by Finance Minister Vladislav Goranov reads.
Customs officials have discovered a record amount of 436 kg of heroin hidden in machines transported by sea to Burgas. This is the largest amount of heroin seized so far in Burgas. The heroin was found on August 9 during an inspection of a..
"Vazrazhdane" party starts a campaign in support of Bulgarian Milan Dimitrov, who was extradited from Greece to a private prison in San Antonio, USA. This was announced by the leader of the party, Kostadin Kostadinov, at a press conference in which..
Heavy traffic of cars and trucks is reported today at the Danube Bridge border crossing at Ruse, BTA announced. The border crossing point specified that the cars are fewer compared to the previous days, but after Wednesday the traffic is expected to be..
There is a danger that the raging fire in the Greek part of Mount Slavyanka will cross into Bulgarian territory , the Deputy Governor of Blagoevgrad..
To mark navy day, the Maritime Museum in Varna is welcoming visitors with an exposition “Maritime rituals and traditions”. The exposition traces..
On Monday the weather will be sunny. There will be light to moderate winds from the south-southeast. Maximum temperatures will be between 34°C and 39°C,..
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