Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Sofia and The Hague ratify new agreement against double taxation

Photo: minfin.bg

The Bulgarian Parliament has ratified the Agreement between Bulgaria and the Netherlands on the avoidance of double taxation and the prevention of deviations and circumvention of taxation, BTA reported. 

Until now, there was an active agreement to avoid double taxation adopted in 1990, but intensive economic relations and increased movement of services, people and capital between the two countries require an update of the legal framework, the ratification arguments say. 

According to national statistics, the Kingdom of the Netherlands is the largest foreign investor in Bulgaria. Between 1990 and 2020, the Netherlands received € 8.6 billion, or 18% of all foreign investment in Bulgaria.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Minister Ivanov

Not enough money for all planned regional and infrastructure projects

The balance that we need between needs and realistically achievable commitments is very important because there is a real danger that some of the major infrastructure projects would be delayed at the expense of others. This was what..

published on 1/26/25 1:49 PM

Trade unions want 10% salary rise to be included in Budget 2025

By the end of next week, the Confederation of Independent Trade Unions in Bulgaria (CITUB) will send the government its proposals to be included in the governing coalition's management program. Trade unionists are already holding..

published on 1/26/25 10:53 AM

Head of State presents Presidential Badge of Honour to the Bulgarian National Radio

Bulgarian head of state Rumen Radev presented the Presidential Badge of Honour to the Bulgarian National Radio (BNR). The award was received by BNR Director General Milen Mitev during the solemn concert at the Sofia Opera and..

published on 1/26/25 9:45 AM