European Parliament delegation visited Sofia to discuss legislative proposals for Common Consolidated Corporate Tax Base. CCCTB is a single set of rules to calculate companies’ taxable profits in the EU. With the Common Consolidated Corporate Tax Base cross-border companies will only have to comply with one, single EU system for computing their taxable income, rather than many different national rulebooks. The national tax systems are too old for the digital economies of the 21st century and may result in tax evasion, the European Parliament contends. According to MEP Paul Tang, the Bulgarian Presidency of the Council of the European Union will be crucial for the introduction of new corporate taxation.
The Bulgarian National Bank (BNB) has acquired 66,000 troy ounces of gold (2053.2 kg. ), the national bank writes on its website. The BNB made this purchase after, on 8 July, the Council of the EU adopted a decision on the adoption of the..
The Ministry of Foreign Affairs has vehemently condemned the vandalism against the synagogue in Varna and the Monument of Gratitude in Burgas, which is a token of gratitude for the rescue of the Bulgarian Jews during World War II, the Ministry..
“Ensuring the security of the transition to the eurozone” – this is the title of the forum dedicated to security measures for the introduction of the euro, which will be held today in Sofia. It is organized by the Association of Industrial Capital in..
The European Commission has brought legal action against Bulgaria at the European Court of Justice (ECJ), arguing that the country has not fully..
A study by the Institute of Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University “St. Kliment Ohridski” has been..
On Thursday, 9 October, cloud cover will remain heavy over the eastern half of the country . Many areas will see rain in the morning, but showers will..
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Partly cloudy, chance of rain