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 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..
GERB Leader Boyko Borissov and President Rumen Radev got into a dispute in the media over the country's new F-16 fighter jets, the first of which is already on Bulgarian soil, while the second is on its way to the country. "We paid a lot for the..
The preparation of the migration of card payments from Bulgarian leva to euros and the corresponding accession by the end of the year of the BORICA card payment system to TARGET is in an advanced phase, the Deputy Governor of the Bulgarian National Bank,..
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..
Russia remains the main destabilizing factor in international security, it is emphasized in the report of the Military Intelligence Service for 2024,..
At a meeting at the Bulgarian Academy of Sciences (BAS), President Evelina Slavcheva and European Commissioner for Start-ups, Research and Innovation,..
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