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.
There has been an increase in Covid-19 cases over the past 2-3 weeks. This trend is observed not only in Bulgaria but also across Europe, Chief State Health Inspector Assocсiate Professor Angel Kunchev said for bTV. 200-250 cases are reported on a..
One of the most successful and respected Bulgarian immigrants in Chicago, Hamid Rusev, has passed away, BG VOICE reported. He passed away on August 8. In recent years, Hamid, as everyone in Chicago called him, had been battling complications..
An open Alpine training session will take place today in front of the Rhodope Drama Theatre in the town of Smolyan . The event of the 101st Alpine Regiment of the Army is on the occasion of the International Youth Day. During the event, techniques..
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,..
Clear