Finance Minister Kiril Ananiev and the ambassador of the Netherlands to Bulgaria Bea ten Tusscher signed, in Sofia, a new convention for avoiding double taxation with respect to taxes on income and the prevention of fiscal evasion and avoidance, BTA reports.
The convention now in effect is from 1990 when the economic relations between the two countries and the legal frameworks were different.
A new convention is also necessary because of the current changes in international taxation initiated by the G-20 countries and the Organization for Economic Cooperation and Development for countering base erosion and profit shifting, the Finance Ministry has announced.
''It is important that Bulgaria emerges from timelessness'', Vice President Iliana Iotova said with regard to the negotiations for forming a government in Bulgaria . ''We should wait for the end of the government formation negotiations and see what..
Bulgaria will invest 2.18 per cent of its GDP in defence this year , according to documents released by NATO ahead of its July 2024 summit in Washington. The country's 2024 defence spending is expected to be $2.325 billion , up from $1.992 billion..
The ban on heavy goods vehicles travelling through the Petrohan Pass remains in for ce, according to the Road Infrastructure Agency, which said there was no order to change the traffic rules. A new protest by local residents against the opening of..
''Terem'' company has been ranked first in the competition for the overhaul of six engines for the MiG-29 fighter aircraft. This is clear from the..
Bulgaria will continue to support Montenegro’s European prospect, President Rumen Radev stated after meeting with his Montenegrin counterpart Jakov..
It will be sunny on Monday. Clouds will form over the mountains in western Bulgaria in the afternoon with a chance of showers. The lowest temperatures..
Partly Cloudy
Clear
sunshine, cloud, rain and thunder
Partly cloudy, chance of rain