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.
On April 30, a meeting was held in the US Congress building between a delegation from the Vazrazhdane party and Republican MP Keith Self, who is the vice chairman of the Foreign Affairs Committee in the US House of Representatives and chairman of the..
In Bulgaria, the legislation is so arranged that a nationwide strike cannot be held . This was explained to the Bulgarian National Radio by Todor Kapitanov, vice president of the largest trade union in the country, the Confederation of Independent Trade..
5 years for Bulgaria to provide waters from the Arda River to Greece for irrigation was approved as a proposal to Greece by the Bulgarian government. The draft joint declaration on the use of the waters of the Arda River states that the two sides..
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,..
Partly Cloudy
sunshine, cloud, rain and thunder