Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Sofia and The Hague ratify new agreement against double taxation

Photo: minfin.bg

The Bulgarian Parliament has ratified the Agreement between Bulgaria and the Netherlands on the avoidance of double taxation and the prevention of deviations and circumvention of taxation, BTA reported. 

Until now, there was an active agreement to avoid double taxation adopted in 1990, but intensive economic relations and increased movement of services, people and capital between the two countries require an update of the legal framework, the ratification arguments say. 

According to national statistics, the Kingdom of the Netherlands is the largest foreign investor in Bulgaria. Between 1990 and 2020, the Netherlands received € 8.6 billion, or 18% of all foreign investment in Bulgaria.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Three Bulgarians arrested for participating in an international criminal group

During an operation by the General Directorate Combating Organized Crime on February 6, three Bulgarians were arrested for participating in an international criminal group operating on the territory of the European Union.  A..

published on 2/7/25 4:30 PM
Rosen Zhelyazkov

MPs are divided over the idea of price ceiling

The idea of ​​a price ceiling for basic food products has not yet been discussed with the partners in the ruling coalition. According to Prime Minister Rosen Zhelyazkov, direct state intervention in the market for basic consumer..

published on 2/7/25 4:18 PM
Tomislav Donchev

Deputy Prime Minister Donchev expects zero funding under second tranche of the Recovery and Resilience Programme

Bulgaria has paid 11% of the available funds under the EU's Recovery and Resilience Programme. This is less than 700 million euros for 4 years, Deputy Prime Minister Tomislav Donchev said in parliament. At the end of 2023, a..

published on 2/7/25 1:23 PM