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.
Blind ultrarunner Victor Asenov has officially become part of the Everesting Hall of Fame, Sportal.bg reports. Between March 21 and 23, the ''Invictus'' Victor Asenov completed 19 consecutive ascents from Aleko Hut to Cherni Vrah Mount on..
Bulgaria has asked to withdraw its request to the European Commission for the second payment under the National Recovery and Resilience Plan, the Commission confirmed to BNR. The request was submitted yesterday following coordination with the..
Border Police remind that major repairs are underway on the Bulgarian section of the Danube Bridge in Ruse, and because of this, a temporary traffic organization has been implemented. Traffic is in one lane with a regulated flow, controlled by the..
Thirteen people were arrested in central Sofia during a specialized police operation aimed at countering illegal migration and preventing crimes..
For the first time, a unique collection of Western European textile panels (tapestries) is on display at the National Gallery – Square 500. The..
When carrying out border control and compensatory measures, Border Police officers also carry out checks in the automated information..
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