Multinational and large national enterprise groups will be required to pay additional tax. The decision was made during the first reading of the envisaged changes in the Bulgarian parliament. MPs approved changes to the Corporate Income Tax Act, which introduce the rules of the European Directive to ensure the minimum effective taxation of large multinational and large state-owned companies operating in the EU single market through primary and secondary taxation.
In addition, a national additional tax of 5% is being introduced, in accordance with the directive on the taxation of national subsidiaries of foreign companies. Minimum effective taxation will apply to companies with a turnover of at least 750,000,000 euros. The changes also provide that foreign individuals are obliged to pay taxes in accordance with the Law on Taxation of Individuals, only on the basis of income received from sources in Bulgaria. Voting on the amendments at second reading is scheduled for November 27.
In accordance with the Constitution, President Rumen Radev has signed a decree today appointing the government nominated by caretaker Prime Minister-designate Dimitar Glavchev. The new cabinet is expected to be sworn in at the National Assembly..
A concert “Folklore Forum” will take place at 7 PM on 27 August on the stage known as “The snail” in the Sea Garden in Burgas. Audiences will be able to enjoy folklore songs and dancing from Bulgaria, Romania and Slovakia. The event, admission..
On Tuesday until noon, sunny weather will prevail over most area. In the afternoon there will be more significant increases in cloudiness over the northern and eastern parts of the country. In places, mainly in North-Eastern Bulgaria, it will rain and..
The European Prosecutor's Office in Sofia has seized property as part of an investigation into a project worth 2.6 million euros (5.2 million leva),..
The queue of trucks in the area of the Danube Bridge border crossing near Ruse is two kilometers long . The remaining heavy load trucks wait mainly in..
The Prime Minister of the Republic of North Macedonia Hristijan Mickoski stated that there will be personnel changes in the Joint Multidisciplinary..
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