It is not acceptable to change a functioning tax system that provides a balanced budget, the position of the Bulgarian Chamber of Commerce and Industry on occasion of the tax reforms proposed by the Confederation of Independent Trade Unions in Bulgaria (CITUB) reads.
In a difficult to predict economic situation and expectations for decline in GDP of over 7%, the Bulgarian Chamber of Commerce and Industry contends that each change to the tax system may create chaos among business and citizens and may have negative effect on tax collection.
Several days ago, CITUB came up with several proposals: a minimum non-taxable income equal to the minimum monthly salary, 15% tax on the income of natural and legal persons and reduction of the VAT rate from 20% to 15%. Currently, the natural and physical persons pay 10% income tax.
Sixth-grader Mira Koseva won the title of "Global Winner" at the Kangaroo Global Linguistics 2024. She placed first in level A1 and won the highest award for Bulgaria, the Ministry of Education and Culture announced. Mira studies..
In the early hours of October 19, 2024, Unit 6 of the Kozloduy NPP will be shut down for planned annual maintenance that is expected to last until the end of November. During this time, the planned repair works and recharging of the..
On Monday, October 21, repair works will start in the Romanian section of the Danube Bridge linking Ruse and Giurgiu , the Romanian authorities report. The facility will not be closed completely, BNR correspondent in Ruse, Asya..
Right before the two military pilots training for an air show crashed their plane in the critical seven seconds of the flight there was no communication..
A fire broke out in the Varna office of a party which was represented in the last National Assembly and which is contesting the forthcoming elections on 27..
According to a survey by Gallup International Balkan, one tenth of respondents admit that they would accept to vote in exchange for money, other..
Partly Cloudy
Clear