Bulgaria and the US have already signed an agreement on the automatic exchange of tax information. The document was signed by Deputy Prime Minister and Finance Minister Lyudmila Petkova and US Ambassador to Bulgaria Kenneth Merten. "Administrative..
Head of State Rumen Radev has asked the Constitutional Court to review a newly introduced tax on the transit of Russian pipeline gas. The provisions of the Restrictive Measures against Russia Control Act impose 'energy taxes' on the import of Russian..
After the Council of Ministers approved a draft of a state budget act for 2023 with a 3% deficit, the Ministry of Finance published a draft of amendments to the Code of Tax and Social Security Procedure for public discussion . Finance..
The Ministry of Finance presented a concept for a 2023 draft budget with a 3% deficit. The draft sets down a 10% increase in budgetary sector salaries in the sectors in which this has not yet been done. The draft also envisages the imposition..
The health contribution should be gradually increased until it reaches 12%, suggests Dr Ivan Madjarov, chairman of the Bulgarian Medical Association. At a forum on pharmaceutical industry, he told journalists that Bulgaria is the country with the..
Bulgaria's accession to the Organization for Economic Cooperation and Development, the Schengen area and the Eurozone is a priority of the Association of Bulgarian Employers' Organizations for 2021. At a general press conference, the..
When discussing tax laws, GERB plans to propose a VAT on food delivery to homes to be reduced to 9%. The measure will be valid until the end of 2021 and is part of the instruments to address the crisis caused by Covid-19. Currently, the tax rate..
From 2010 to 2019, Bulgarians' expenditures on healthcare and transport have increased twice. Expenses for taxes and social security contributions have tripled, national statistical data show . Last year, the average household tax and social security..
