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.
None of the possible versions why the first Bulgarian F-16 fighter cannot fly has been ruled out. A version of possible sabotage also exists. This was what Gen. Spas Spasov, a former military pilot and chairman of the “Bulgarian Air..
Bulgaria has proven to be a true friend, the Israeli ambassador to Sofia, Yosi Sfari wrote on Facebook. "Israel faced a very difficult situation and the Bulgarian Prime Minister and the Ministers of Foreign and Interior Affairs..
On May 2, the Speaker of the National Assembly Natalia Kiselova will attend the celebration of 1,160 years since the adoption by the Bulgarian people and 1,170 years since the creation of the Bulgarian alphabet in Pliska. This was announced by..
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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