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.
On October 8, the two-month grace period given to merchants to comply with the requirements of the Law on the Introduction of the Euro expires. During this period, they were expected to label the prices of goods and services both in leva and euros...
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..
The population of white storks in Bulgaria has increased by 33% in recent years, according to data from the 8th International White Stork Census , cited..
Bulgarians living abroad have shown unprecedented interest in the Ministry of Labour and Social Policy’s “I Choose Bulgaria” programme, deputy Minister for..
On Friday, the lowest temperatures will range between 5°C and 11°C, in Sofia 7°C. During the day, the cloud cover across the country will be..
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