It is not acceptable to change a functioning tax system that provides a balanced budget, the position of the Bulgarian Chamber of Commerce and Industry on occasion of the tax reforms proposed by the Confederation of Independent Trade Unions in Bulgaria (CITUB) reads.
In a difficult to predict economic situation and expectations for decline in GDP of over 7%, the Bulgarian Chamber of Commerce and Industry contends that each change to the tax system may create chaos among business and citizens and may have negative effect on tax collection.
Several days ago, CITUB came up with several proposals: a minimum non-taxable income equal to the minimum monthly salary, 15% tax on the income of natural and legal persons and reduction of the VAT rate from 20% to 15%. Currently, the natural and physical persons pay 10% income tax.
The United States is a key strategic partner and NATO ally, with whom we will continue to work together to achieve our common goals — energy security, defense capabilities and investments, Bulgaria’s Minister of Foreign Affairs Georg Georgiev said..
The Minister of Labour and Social Policy, Borislav Gutsanov, is organising a round table on "Demography - trends, problems and solutions" at the National Assembly today. Data on current trends in the country will be presented, together with a study by..
Wednesday morning will be cold , with frost forming again in some plains and valleys. Lows will be between 1 and 4°C. In Sofia it will be around 2°C. During the day it will be sunny all over the country. There will be light to moderate winds from..
25% of workers are without an employment contract, the fight against the shadow economy should be a top priority for the state. This was stated on the..
16 EU countries will ask to be allowed to temporarily not apply the rules on budgetary stability in order to be able to make defense spending. Bulgaria..
Russia remains the main destabilizing factor in international security, it is emphasized in the report of the Military Intelligence Service for 2024,..
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