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.
Torrential rain flooded underpasses in Varna and caused landslides in various regions of the country. In Veliko Tarnovo (Central Bulgaria), the Yantra River has reached 2 meters and 20 centimeters, which is close to the critical level, but there is no..
The International Exhibition "Cultural Tourism" will bring together participants from Bulgaria and abroad from October 8 to 10 in Veliko Tarnovo, BTA reports. The event, now being held for the 20th time, combines two key aspects of life in the..
Lecturers from the National Academy of Art – Burgas Branch open their new creative season with the exhibition "Together". Their works are displayed in the Atelier Gallery in Magazia 1 at the Port Complex Burgas. The lecturers present a joint..
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..
Cloudy
Mostly Cloudy
Partly Cloudy
Partly cloudy, chance of rain