Send to Kindle
Bulgaria’s parliament on Friday expanded the scope of tax levied on games of chance to include bingo, keno and their varieties.
According to amendments to the Gambling Act adopted on second and final reading, the organizers of the newly included lottery games will have to pay a 15% turnover tax if betting is made in gambling premises or casinos.
In case of online betting, organizers will pay 20% tax on the difference between their revenue and winnings payouts.
Those tax rates apply to all other gambling games. Bingo and keno, however, were omitted in the amendments to the Gambling Act adopted by the previous parliament, thus allowing organizers of those lottery games to pay only 10% corporate tax.
The amendments are expected to bring additional five million levs a year in tax revenue.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
"Amnesty International" has released its annual report, shining a spotlight on Bulgaria's ongoing human rights challenges, including the erosion of freedom of expression, violations against the LGBT community, and the proliferation of hatred against ethni
Concerns are mounting within the European Parliament regarding potential Russian interference in the forthcoming parliamentary elections, coupled with apprehensions surrounding Russian-owned properties in Bulgaria
A recent survey conducted by the sociological agency "Trend," commissioned by "24 Chasa" and "Nova Broadcasting Group," sheds light on the current political landscape in Bulgaria ahead of the upcoming elections
A recent study conducted by the sociological agency "Global Metrics" on behalf of UNICEF Bulgaria and the Ministry of Health sheds light on the attitudes of Bulgarian parents towards vaccination
This marks the third consecutive election in which "We Continue the Change" and "Democratic Bulgaria" have joined forces
In a concerning revelation, the ad hoc committee investigating the activities of Gleb Myshin uncovered that over the past three to four years, a staggering 343 candidates from the Russian Federation seeking Bulgarian citizenship were discovered to have su
According to recent data from the Confederation of Independent Trade Unions of Bulgaria (CITUB), the financial strain on Bulgarian households continues to intensify
Experts suggest that Bulgaria's admission to the Eurozone is more realistic in January 2026
February witnessed a surge in remittances from Bulgarians residing abroad, reaching a remarkable EUR 110.5 million, marking the highest value since last July
Amidst financial fluctuations and strategic fiscal decisions, Bulgaria's Minister of Finance, Lyudmila Petkova, unveils the nation's robust fiscal reserve, standing tall at BGN 10.9 billion as of April 18th
Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics
Mounting uncertainty looms over Bulgaria's anticipated entry into the Eurozone, with officials cautioning that the prospect may be delayed amidst persisting inflation challenges
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
