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.
There are no active fires in the country right now , the Bulgarian Ministry of the Interior announced. The fire in the villages of Voden, Kraynovo and Strandzha near Yambol has been contained on all fronts. On Tuesday, a walkthrough will be made and if..
The former Bulgarian Minister of Defense Nikolay Nenchev will be temporarily in charge of the Bulgarian Embassy in Ukraine. This decision was taken by the Bulgarian caretaker government to end the more than a year-long deadlock between the Council of..
The Houthis are holding two Bulgarian hostages. Hamas is also holding two hostages from Bulgaria. There are steps that Bulgaria - and every other EU country - should take to prevent future attacks and fight terror, Israeli Ambassador to Bulgaria..
A man and a child have died after they were struck by lightning in the area of Mount Zhultets near Mount Botev in the Central Balkan Mountains. The alert..
The best Bulgarian students in mathematics have won 5 medals by participating in the most prestigious mathematics competition in the world for 2024. At..
The former Bulgarian Minister of Defense Nikolay Nenchev will be temporarily in charge of the Bulgarian Embassy in Ukraine. This decision was taken by..
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