Turkiye significantly raises taxes on goods purchased abroad Turkiye has decided to significantly raise taxes on goods purchased abroad. The non-taxable limit for goods bought outside the country has been reduced from EUR 150 to EUR 30..
The Institute for Market Economics has reported that it took 134 days for working Bulgarians to pay their debts to the treasury. This day is almost always in the middle of May, economist Lachezar Bogdanov told BNR. According to..
Progressive income taxation allows a country's resources to be shared more successfully with society. The 10% flat tax has played its role in shedding light on incomes, but it's time to replace it, Kristalina Georgieva, managing..
Large business to pay 5% additional profit tax, but with a relief of 8% if it invests in tangible fixed assets. This is what the parliament decided at the second reading of changes to the Corporate Income Tax Act. The project proposed by the..
Multinational and large national enterprise groups will be required to pay additional tax. The decision was made during the first reading of the envisaged changes in the Bulgarian parliament. MPs approved changes to the Corporate..
GERB and the Movement for Rights and Freedoms have presented conditions to Finance Minister Assen Vassilev and “We Continue Change – Democratic Bulgaria” coalition, after which they would support amendments to tax laws in the second..
Under the motto "For the right to association and decent wages!" Bulgaria's largest trade union CITUB has blocked the key Orlov Most junction in central Sofia during today's protest. CITUB President Plamen Dimitrov said that they insist on t he..
The political forces We Continue the Change, Democratic Bulgaria and Save Sofia are uniting for the forthcoming local elections, in order to gain power at the expense of higher taxes for citizens, Sofia Municipal Council Chairman Georgi Georgiev..
For the first time in many years, the state has been unable to collect the projected sum om VAT – it is 670 million Leva short (EUR 335 million), the Finance Ministry has announced. In July, parliament updated the budget, raising the projected..
Lukoil Litasco has moved its entire economic activity to Bulgaria, interim Transport Minister Hristo Aleksiev confirmed in Parliament. "It already pays taxes here, and it will pay taxes in Bulgaria next year," he said. The minister said the..
