Following a decision of Bulgaria’s caretaker cabinet, this country will keep 9% value added tax on foods, non-alcoholic beverages, beer and wine served in catering establishments until the end of the emergency epidemic situation. Baby products, books and services provided in sports halls will be also taxed with a 9% VAT during that period. Tour operators can also benefit from the lower VAT rate.
The cabinet’s decision is part of the package containing amendments to tax laws proposed by this country’s caretaker Minister of Finance Valeri Balchev.
It is very important, when we talk about the first 100 days of the government, to note that it adopted its program, the state budget and passed two votes of no confidence, Prime Minister Rosen Zhelyazkov said. At the opening of the meeting of the..
The Bulgarian Embassy in Washington organized an official ceremony to unveil a memorial plaque in honor of Dimitar Peshev, Deputy Speaker of the National Assembly in the period 1940–1943. He initiated the action against the..
Deputy Prime Minister Atanas Zafirov has met with Ambassador of India to Bulgaria, Arun Kumar Sahu, and discussed the possibilities for deepening the strategic partnership between the two countries. "India is a key partner for..
A strong earthquake with a magnitude of 6.2 shook Istanbul at 12.49 local time and was felt to varying degrees across Bulgaria, BTA reported, citing the..
The full accession of Bulgaria and Romania to the Schengen area is strengthening the European Union's economy significantly. This is stated in a report..
Sofia has met the last criterion for entering the eurozone. After meeting the inflation criterion, the data on the budget deficit for..
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