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 confiscation of cars driven by drunk and drugged drivers does not contradict the Bulgarian Constitution. This was decided by the Constitutional Court. The cars of those who drove after using alcohol and drugs, if they are their property,..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University "St. Kliment Ohridski" presented five scientific papers at the International Conference on Machine Learning (ICML 2025) , the university's press..
The State Agency for Refugees with the Council of Ministers will implement a pilot project for Bulgaria and the European Union aimed at creating alternative social services for unaccompanied refugee children , announced the agency’s head Ivan Ivanov,..
Demonstrations in support of Varna Mayor Blagomir Kotsev are set to intensify on Tuesday evening, expanding beyond Bulgaria to four major European cities...
The REXDAN ship, which is conducting a large-scale study of the configuration and dynamics of the Danube River - from the Black Sea to Vienna , has..
On Wednesday, the Council of Ministers adopted the Programme for the Support of Bulgarian Communities, Organisations and Media Abroad for 2025...
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