The country's financial situation and preparations for this year's budget were discussed at today's meeting of the Joint Governance Council. Speaking at a briefing after the meeting, Prime Minister Rosen Zhelyazkov said that the government would not..
There will be no reduction in social benefits, Minister of Labour and Social Policy Borislav Gutsanov told reporters. There is complete accord among the political forces in the ruling coalition that social benefits must be preserved and that..
In a letter to the institutions, Podkrepa Trade Union made proposals for the introduction of a non-taxable minimum, as well as an update of minimum and maximum social security incomes. The union also insists on the preparation of an..
There will be no increase in taxes or suspension of social payments, Minister of Labor and Social Policy Borislav Gutsanov said in an interview with public broadcaster BNT. Borislav Gutsanov stated that the Ministry of Labor and Social Policy..
A scheme for tax crimes through the use of documents with false content about carrying out fictitious deals with fuel exempt from excise duty has been busted. The avoided payment of excise duty is over 4.8 million EUR. The company, which was..
Turkiye significantly raises taxes on goods purchased abroad Turkiye has decided to significantly raise taxes on goods purchased abroad. The non-taxable limit for goods bought outside the country has been reduced from EUR 150 to EUR 30..
The Institute for Market Economics has reported that it took 134 days for working Bulgarians to pay their debts to the treasury. This day is almost always in the middle of May, economist Lachezar Bogdanov told BNR. According to..
Progressive income taxation allows a country's resources to be shared more successfully with society. The 10% flat tax has played its role in shedding light on incomes, but it's time to replace it, Kristalina Georgieva, managing..
Large business to pay 5% additional profit tax, but with a relief of 8% if it invests in tangible fixed assets. This is what the parliament decided at the second reading of changes to the Corporate Income Tax Act. The project proposed by the..
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..
