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.
Ukrainian Foreign Minister Andrii Sybiha had a telephone conversation with his Bulgarian counterpart Georg Georgiev. The two discussed steps to achieve a just peace and ways to develop mutually beneficial cooperation. The Ukrainian first diplomat wrote..
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 is among them, BTA reports. The European Commission presented a White Paper on the future of..
On Thursday, the minimum temperatures in Bulgaria will be from 4 to 9°C . In Sofia it will be around 7°C. During the day, sunny weather will prevail. In places, mainly in Northern Bulgaria and the mountains, there will be short-term precipitation..
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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