The European Public Prosecutor's Office (EPPO) has uncovered a massiveVAT fraud scheme involving all 22 countries members of the EPPO, including Bulgaria, but also non-EU countries such as Albania, China, Serbia, Singapore, Switzerland, Turkey, UK and USA. The operation, dubbed “Admiral”, was launched against the biggest cross-border VAT fraud scheme ever investigated in the EU worth over EUR 2.2 billion.
The investigation started in April 2021 in Portugal, when the tax authorities in Coimbra probed a company selling mobile phones, tablets and other electronic devices, on suspicion of VAT fraud, and asked for the EPPO’s help. The probe established connections with over 9,000 other legal entities, and more than 600 natural persons.
The state is to finance 80% (without VAT) of irrigation water for farming producers as a measure against expensive food, public service TV BNT reports. At a press conference to present the information online platform of comparative food prices,..
Customs officers found EUR 1.5 million in undeclared cash at Kapitan Andreevo border checkpoint yesterday in a car with an 18-month old baby inside, BGNES news agency reports. More than 10 million Leva has been seized at Kapitan Andreevo..
Ten tankers of liquefied natural gas (LNG) totaling 1 billion cubic metres are expected to be unloaded and to head for Bulgaria in 2024, Energy Minister in the caretaker cabinet Rossen Hristov stated. Minister Hristov added that this constitutes..
North Macedonia has deleted the Bulgarian club "Ivan Mihailov" in Bitola from its central register. This comes after a decision by the..
Toll fees in Bulgaria will be increased by 50% , confirmed Bulgaria's caretaker regional minister Ivan Shishkov. According to estimates, in this way the..
Bulgarian-Turkish business forum opens today in Burgas. The forum is organized by the Bulgarian Small and Medium Enterprises Promotion..