The Confederation of Independent Trade Unions in Bulgaria (CITUB) is demanding the introduction of an income-tax-free threshold equal to the minimum salary, declared CITUB President Plamen Dimitrov at a forum dedicated to tax reforms.
The CITUB is also proposing a 15/15/15 scheme – a universal 15% VAT rate, 15% income tax for legal entities, and 15% for natural persons. The Confederation says that the tax system now in place increases inequality and does not create a sense of justice in society.
“The inequality (Gini) coefficient is over 40%, the highest level in the EU,” said Plamen Dimitrov. “The richest to poorest ratio in Bulgaria is over 8 times, a 23 billion Leva resource is concentrated in richest 5%. We are seeing a middle class that is growing poorer and poorer,” he said.
Bulgaria's Schengen membership is a great opportunity, but also a challenge. In order to make the most of this opportunity, administrative barriers that hinder the tourism sector must be removed. This was agreed by participants at a meeting on the..
On Thursday minimum temperatures will range from 4° C. to 9 ° C., for Sofia around 5° C. In some parts in Western Bulgaria there will be rain, more significant in the mountain regions. There will be a light, in Eastern Bulgaria to moderate wind..
Seven years after buying the Denny ice cream factory in Veliko Tarnovo, London-based multinational Unilever is closing the plant. The company did not give specific reasons, the Dnevnik website reported. The ice-cream factory will cease operations..
Navigation Maritime Bulgare (Navibulgar) is conducting its own investigation into the case involving the Vezhen ship, announced Navibulgar CEO Captain..
The Bulgarian Union of Balneology and SPA Tourism is organizing a round table on the topic "Bulgaria in Schengen - Challenges and Opportunities for..
MP Venko Sabrutev from PP-DB told BNT that the convergence report is the document that will determine whether Bulgaria is ready for the..
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