Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Sofia and The Hague ratify new agreement against double taxation

Photo: minfin.bg

The Bulgarian Parliament has ratified the Agreement between Bulgaria and the Netherlands on the avoidance of double taxation and the prevention of deviations and circumvention of taxation, BTA reported. 

Until now, there was an active agreement to avoid double taxation adopted in 1990, but intensive economic relations and increased movement of services, people and capital between the two countries require an update of the legal framework, the ratification arguments say. 

According to national statistics, the Kingdom of the Netherlands is the largest foreign investor in Bulgaria. Between 1990 and 2020, the Netherlands received € 8.6 billion, or 18% of all foreign investment in Bulgaria.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Ex-PM Boyko Borisov: Not a single Bulgarian soldier will go to Ukraine

No Bulgarian soldier will go to Ukraine. This was stated by GERB leader and ex-premier Boyko Borisov in a video statement on his Facebook page. He pointed out that this was a decision of GERB and the party's parliamentary group from June 2024 and is..

published on 2/18/25 3:32 PM
At the official opening of the 10th International Agricultural Exhibition AGRA in Plovdiv

4% of Bulgaria's GDP is created by the agricultural sector

The agriculture sector in Bulgaria maintains its stability, providing employment to 6% of the population and forming about 4% of the country's GDP. This is shown by current data on the state of the sector, presented by the Minister of Agriculture..

published on 2/18/25 3:14 PM
Deputy Prime Minister Atanas Zafirov

Council of Ministers has not discussed Bulgarian participation in peacekeeping forces in Ukraine

The Bulgarian Council of Ministers has not discussed the hypothesis of Bulgaria's possible participation in peacekeeping forces in Ukraine. This was stated to the media by Deputy Prime Minister and Chairman of the Bulgarian Socialist Party (BSP) Atanas..

published on 2/18/25 2:29 PM