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

Susan Falatko

Susan Falatko will assume the role of Chargé d’Affaires at US Embassy in Sofia

Career Foreign Service Officer Susan Falatko has arrived in Sofia on February 18 to assume the role of Chargé d’Affaires. Prior to this appointment, Ms. Falatko’s service includes assignments as Deputy Chief of Mission and Chargé d’Affaires at the..

published on 2/18/25 6:54 PM

President Radev: Drug use by young people endangers our nation

Bulgaria's President Rumen Radev convened today a meeting of the National Security Advisory Council, dedicated to the risks and threats to national security arising from the spread of narcotic and intoxicating substances among the younger generation and..

published on 2/18/25 6:50 PM

Protest against the adoption of the euro to be held on February 22

The Vazrazhdane parliamentary party is organizing a protest on February 22 in front of the Bulgarian National Bank against Bulgaria's entry into the Eurozone and for preserving the Bulgarian lev.  Other parties and civil organizations are expected..

published on 2/18/25 5:10 PM