The National Assembly Committee on Budget and Finance adopted on first reading the proposal for introduction of 9% VAT on restaurants and books, including electronic books.
The Bulgarian Ministry of Finance has warned that if value added tax for restaurants and books is reduced from 20% to 9%, the VAT for other goods and services has to be increased to 24%, or the income tax of the companies should stand at 17%-18%. The draft amendments to the VAT Act are submitted by the ruling coalition and other parties.
If all proposals for reduction of VAT rates for certain goods and services are approved, the damage to the state treasury will amount to nearly EUR 920 million, the position signed by Finance Minister Vladislav Goranov reads.
The legal heirs of the people who lost their lives during the flooding in the region of Burgas at the beginning of October will receive 15,000 leva (EUR 7,670), the government has decided, BGNES reports. The 60,000 leva (EUR 30,679) needed has been..
The tendency of Bulgarians returning from abroad is permanent. This became apparent during the forum “Europe is with me”, organized by the Ministry of Labour and Social Policy’s Human Resources Development Programme, the Bulgarian news agency BTA..
There is no democracy and freedom without freedom of speech and pluralism, said President Rumen Radev at the opening, in Sofia, of the annual Public Broadcasters International Conference. For the first time, the Bulgarian National Radio is playing..
On Tuesday , the lowest temperatures will be between 2 and 7°C. In the valleys and high fields the temperature can drop to minus 2°C;..
Bulgaria, Greece and Romania have finalized a memorandum for joint cooperation on new transport projects, said European Commissioner for..
The European Public Prosecutor’s Office has carried out searches in the Municipality of Plovdiv and in a company suspected of public..
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