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.
GERB leader Boyko Borissov has called for the resignation of North Macedonian Deputy Prime Minister Aleksandar Nikoloski because of his insults towards Bulgaria: "We will do everything necessary for the European People's Party to know..
In response to media reports that a company registered in Bulgaria supplied pagers to the Lebanese organization Hezbollah, which were subsequently detonated in Lebanon and Syria, the State Agency for National Security (SANS) announced that no customs..
Vice President Iliana Yotova met with participants of the Third International Traveling Conference "Picturesque Bulgaria: Interdisciplinary Dialogues at Home". The project, held under the auspices of Vice President Iliana Iotova, includes research by..
Gorna Oryahovitsa will host a review of amateur creativity and a Festival of military brass bands of the Ground Forces. From September..
On Wednesday there will be scattered clouds, which will thicken up in the afternoon. In the Balkan Mountain and the massifs in..
MEP Elena Yoncheva is in the city of Sanaa, Yemen, aiming to reach the port city of Hodeidah on the Red Sea. There lies the hijacked ship Galaxy Leader,..
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