Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria and the Netherlands sign new convention on avoiding double taxation

The ambassador of the Netherlands to Bulgaria Bea ten Tusscher
Photo: netherlandsandyou.nl

Finance Minister Kiril Ananiev and the ambassador of the Netherlands to Bulgaria Bea ten Tusscher signed, in Sofia, a new convention for avoiding double taxation with respect to taxes on income and the prevention of fiscal evasion and avoidance, BTA reports.

The convention now in effect is from 1990 when the economic relations between the two countries and the legal frameworks were different.  

A new convention is also necessary because of the current changes in international taxation initiated by the G-20 countries and the Organization for Economic Cooperation and Development for countering base erosion and profit shifting, the Finance Ministry has announced.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Mural marking 20th anniversary of Bulgaria's NATO accession to be unveiled in Pernik

A mural dedicated to the 20th anniversary of Bulgaria's NATO accession will be unveiled today in Pernik. The event will be attended by the ambassadors of Great Britain, Turkey and Montenegro, Deputy Foreign Minister Nevyana Miteva, Pernik Regional..

published on 11/29/24 5:15 AM

Sharp change in the weather expected on Friday

On Friday, cloudy weather will prevail over the country. The wind will be oriented from the northwest, will strengthen and in the Danube Plain its speed will reach 10-15 m/s. With it, cold air will invade the country and temperatures will drop and by..

published on 11/28/24 7:45 PM
Daniel Lorer (L) and Yavor Bozhankov (R)

PP demanded the resignations of two MPs who did not support the candidacy of Silvi Kirilov

"After today's vote for Speaker of the National Assembly, ''We Continue the Change'' (PP) demanded the resignations of Daniel Lorer and Yavor Bozhankov", the party's co-chairman Kiril Petkov wrote on Facebook. Silvi Kirilov, nominated by "There..

published on 11/28/24 4:52 PM