At the end of 2017 a total of 334 Bulgarians had bank accounts in foreign countries and offshore zones to the tune of over EUR 1 million each. The National Revenue Agency started to check these accounts. However, this institution underlines that the existence of such accounts is not unlawful and does not mean that these wealthy people are hiding taxes or other illicit activities. According to the National Revenue Agency, the inspection has started long ago and is not connected with the operation of Bulgaria’s Prosecution and the Bulgarian services to trace the accounts and the properties of high-standing officials. The National Revenue Agency can check the bank accounts and the companies of Bulgarian citizens in 114 countries under the Convention of Mutual Administrative Assistance in Tax Matters.
On Friday, morning temperatures will range from 10 to 15°C, with 10°C in Sofia. Rain is expected in the western regions in the early hours. During the day, skies will remain cloudy as rain moves from west to east, gradually easing in the afternoon with..
Bulgaria and Vietnam should make the most of their strategic geographic positions – Vietnam in Southeast Asia and Bulgaria in Southeast Europe – acting as a gateway for goods and services from Asia to Europe , President Rumen Radev said on Thursday. He..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an open-source AI model that gives industrial robots 3D spatial intelligence . The technology is..
The President of the “Renew Europe” group in the European Parliament, Valérie Hayer, called on the European Commission to urgently send a mission to..
On Thursday, minimum temperatures will range between 6 and 11°C across the country. Along the Black Sea coast, they will reach 13 to 16°C , while in Sofia..
Legislative amendments banning individuals sanctioned under the global Magnitsky law from holding senior government or party positions will likely be..
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