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.
The idea of a referendum on the euro is supported by 63.3% of Bulgarians and 35.3% are "against". This is shown by an independent poll by the Myara sociological agency conducted in the period 10-13 May among 803 people and representing the opinions..
The government’s program includes 100 priorities, distributed across 19 sectors, with a vision for a full four-year term. This was announced by Prime Minister Rosen Zhelyazkov, who presented a report on what the government has achieved so far under its..
On the occasion of the protest of Sofia’s public transport, Finance Minister Temenuzhka Petkova stated that the Ministry of Finance cannot fund personnel expenses for the municipal company "Public Transport", a BNR reporter informed. In Minister..
Public transport workers in Sofia have announced a protest for Wednesday, 14 May, which is expected to cause significant disruption before noon. Although..
Bulgaria’s Minister Finance Temenuzhka Petkova has assured the European institutions that the adoption of the euro on January 1 next year remains a key..
A protest under the slogan "Decent work - decent remuneration! There is no economy without transport!" stopped the operation of all..
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