The Confederation of Independent Trade Unions in Bulgaria (CITUB) is demanding the introduction of an income-tax-free threshold equal to the minimum salary, declared CITUB President Plamen Dimitrov at a forum dedicated to tax reforms.
The CITUB is also proposing a 15/15/15 scheme – a universal 15% VAT rate, 15% income tax for legal entities, and 15% for natural persons. The Confederation says that the tax system now in place increases inequality and does not create a sense of justice in society.
“The inequality (Gini) coefficient is over 40%, the highest level in the EU,” said Plamen Dimitrov. “The richest to poorest ratio in Bulgaria is over 8 times, a 23 billion Leva resource is concentrated in richest 5%. We are seeing a middle class that is growing poorer and poorer,” he said.
President Rumen Radev has issued decrees appointing Bulgarian ambassadors to the Kingdom of Belgium, the Kingdom of the Netherlands and the Republic of Kazakhstan. The decrees were published in the State Gazette, reported BTA. Natalia Evgenieva..
The 10th edition of the International Festival Da Fest presents works by leading global digital artists. Organised by Da Lab and the National Academy of Art, the five-day event begins today in Sofia. This year's theme, “Anxiety: Signals from an..
Bulgaria will allow a plane carrying Vladimir Putin to fly through its airspace to facilitate a planned meeting between the Russian leader and U.S. President Donald Trump in Budapest, said Bulgaria’s Minister of Foreign Affairs Georg Georgiev, as..
In September, Bulgaria was mentioned as a country connected with dangerous food 7 times, indicate data of the European Rapid Alert System for Food and..
On Tuesday , the lowest temperatures will be between 2 and 7°C. In the valleys and high fields the temperature can drop to minus 2°C;..
Bulgaria, Greece and Romania have finalized a memorandum for joint cooperation on new transport projects, said European Commissioner for..
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