Weather In Bulgaria On March 29: Sunny Skies and Rising Temperatures Across The Country
Bulgaria is set to experience favorable weather conditions on March 29, with mostly sunny skies forecasted across the country
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
Bulgaria's authorities will have access to Swiss banking data and will hopefully be able to bring to justice tax evaders, who hold money in Swiss banks.
This is envisaged by the Double Taxation Avoidance Agreement, which Bulgaria and Switzerland signed on September 19, the finance minister announced in parliament.
The document provides for the parties to exchange banking and tax information every three months, and also to prepare an annual report.
Faced with mounting international criticism of its banking practices, Switzerland has meanwhile reached deals easing bank secrecy with a number of EU members states, including Germany, Austria and Britain.
Two years ago Bulgaria's tax authorities found it difficult to bring to justice those tax evaders, who were revealed to hold about EUR 200 M in Swiss banks after a stolen disk of Swiss banking data was bought by Germany.
The problem was that a big part of the deposits of Bulgarian citizens in Swiss banks have been registered as bank accounts of foreigners.
Legal experts have commented that the amount of money held by Bulgarian tax evaders in banks in Liechtenstein and Switzerland is huge is comparison with those 1500 Germans, who were reveled to be hiding taxes for about EUR 100 M in Switzerland.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
In order to protect the economic interests of consumers, there will be a period of double labeling of the prices of goods and services - in leva and in euros
As Bulgaria inches closer to joining the Eurozone, concerns arise over the implementation of rounded prices in euros, potentially impacting citizens' wallets upon adoption of the single currency
On a briefing held at the National Press Club of BTA, Nikola Ilchev, the creator and organizer of the Balkan eCommerce Summit, showed projections indicating a significant rise in Bulgaria's e-commerce sector
The Ministry of Finance in Bulgaria has revealed that the process to facilitate the exchange of levs with euros in the country will come with a hefty price tag, estimated to be at least BGN 500 million
As Bulgaria steers towards adopting the euro, economists dispel concerns over potential price increases, assuring the public that the impact on inflation will be minimal
The Ministry of Finance has released a draft law for public discussion concerning the adoption of the euro in Bulgaria. The primary aim of the proposal is to ensure a smooth and transparent transition to the European currency
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022