The National Assembly Committee on Budget and Finance adopted on first reading the proposal for introduction of 9% VAT on restaurants and books, including electronic books.
The Bulgarian Ministry of Finance has warned that if value added tax for restaurants and books is reduced from 20% to 9%, the VAT for other goods and services has to be increased to 24%, or the income tax of the companies should stand at 17%-18%. The draft amendments to the VAT Act are submitted by the ruling coalition and other parties.
If all proposals for reduction of VAT rates for certain goods and services are approved, the damage to the state treasury will amount to nearly EUR 920 million, the position signed by Finance Minister Vladislav Goranov reads.
The number of visits of foreign tourists to Bulgarian museums in 2023 was 988,000, according to data from the National Statistical Institute. This is an increase of 56.4% compared to the previous year, said Deputy Minister of Tourism Pavlin Petrov...
Representatives of the diplomatic missions in Sofia together with a team of refugees and youth and student organizations will participate in a charity football tournament on the grounds of the National Football Base "Boyana" in the..
On Sunday a cold atmospheric front will pass through the country. In the morning, the cloudiness will begin to increase rapidly from the west and rainfalls will start. Later in the day there will also be precipitation in the..
On Sunday a cold atmospheric front will pass through the country. In the morning, the cloudiness will begin to increase rapidly from..
During a short meeting on the sidelines of the UN General Assembly in New York, Bulgarian caretaker Minister of Foreign Affairs Ivan..
The caretaker government has adopted National Program for Prevention and Protection from Domestic Violence for the period 2024-2026 ,..
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