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.
Donald Trump Jr., the eldest son of the US president, is embarking on an Eastern European tour that will include Prague, Bratislava, Budapest, Belgrade, Sofia and Bucharest, Romanian media Digi24 and G4 Media report. In Bucharest,..
The football match should not be a battlefield, but a place where you can take your child – this motive united the organizers of the "At a match with a daisy" campaign. The campaign will take place over four days – from April 11 to..
A drop in the price of natural gas in the coming months due to the collapse of prices on world markets – this is the forecast of the chairman of the Energy and Water Regulatory Commission, Plamen Mladenovski, in an interview with..
On Monday there will be snow showers or a mix of rain and snow in many places. The precipitation will decrease and stop, and the clouds will clear in the..
After a fire destroyed the roof of the historic National High School of Applied Arts in Tryavna on Friday morning, students are taking a week-long..
On the occasion of World Health Day (April 7), Bulgaria’s Premier Rosen Zhelyazkov expressed his deep appreciation and respect for doctors and..
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