Bulgaria's Tax Agency Vigor Appears to Be Bearing Fruit
The total registered domestic trade turnover in Bulgaria grew by almost BGN 2 B in August and September year-on-year, which is believed to be the result of a vigorous tax inspection campaign.
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Business » Finance
Bulgarian FinMin Mulls New Tax Tourism Burden
Bulgaria's Finance Minister, Simeon Djankov, proposed Wednesday the introduction of new local tax – a fee to be paid by owners of vacation and tourist facilities on the number of beds they operate.
Bulgaria Levies Luxury Tax on Big Cars, Properties
Bulgaria will introduce as of next year higher levies on luxury properties and big cars to help fight the economic crisis and keep down the fiscal deficit, under amendments to the law on taxes, published on the site of the finance ministry.
EBRD Board of Directors Pay Visit for Bulgaria Update
A delegation of the EBRD Board of Directors will be visiting Bulgaria during October 20-22 to obtain up-to-date information on developments in one of the bank's countries of operation.
Bulgarian Employers, Trade Unions Reject Social Insurance Bill
Bulgarian employers and trade unions rejected the bill for social insurance in 2011, which was reviewed Tuesday by the National Insurance Institute (NOI).
Bulgaria: No Need for IMF Bailout Talks, Tax Hikes
Bulgaria's finance minister has assured that the country will have no need to raise taxes or hold talks with the International Monetary Fund over a bailout loan for its ailing economy to bottom out of the crisis.
Final Decision Due on Bulgaria's Pension Reform
Bulgaria's government, employers and trade unions will make yet another attempt to finally reach an agreement Tuesday on the steps to overhaul the country's indebted pension system.
Economists: Deficit Bodes Romanian Scenario for Bulgaria
Bulgaria's projected 2011 budget deficit could lead to grim scenarios such as political instability and an intervention by the International Monetary Fund, according to the Sofia-based Institute for Market Economy (IME).
Bulgarian Cabinet Mulls 'Clean Fuel' Tax Deductions
The Bulgarian cabinet of the center-right Citizens for European Development of Bulgaria (GERB) party is planning to introduce tax deductions for owners of ecologically sound automobiles.
Bulgaria's Early Retirement Revisions Pushed Back 1 Year
Bulgaria's Minister of Labor and Social Policy, Totyu Mladenov, says the soundest decision would be to delay by one year the changes in the early retirement provisions.
Bulgarian Interior Minister Explains Properties Origins
Bulgaria’s Interior Minister, Tsvatan Tsvetanov, has announced that his six apartments have been declared years ago.
Bulgarian Tax Agents Begin Check on Interior Minister
Bulgarian tax authorities will start a check on the properties of Interior Minister, Tsvetan Tsvetanov, the head of the National Revenue Agency (NRA), Krasimir Stefanov has announced.
No Final Decision Reached on Bulgaria's Pension Reform
Bulgaria's government, employers and trade unions have not reached an agreement on the social contributions payment and the steps to overhaul the country's pension system.
Bulgaria's Interior Minister Might Undergo Tax Check
Tax audit of properties could be performed on the Bulgarian interior minister as well, the head of the National Revenue Agency (NRA), Krasimir Stefanov, said.
Bulgaria Awaiting Final Decision on Pension Reform
Bulgaria's government, employers and trade unions are expected to finally reach an agreement Sunday on the increase in social contributions payments and steps to overhaul the country's pension system.
Consensus to Be Sealed on Bulgarian Welfare System Tweak Sunday
Sunday a consensus agreement will be signed by the Bulgarian government, employers and trade unions over the much disputed size of proposed increases in the payments for retirement funds.
Bulgarian FinMin Djankov: 'I Work Ever Better with PM Borisov'
Bulgarian Minister of Finance Simeon Djankov has tried to dispell speculations of tensions between him and PM Boyko Borisov, stating their relations are steadily improving.
Tax Air Strikes Find Southern Bulgarian Coast Modest
The Bulgarian tax authorities have not found any astonishingly luxurious properties for investigation in their raid on the Southern Black Sea coast region.
Bulgaria Set for 1.8 Percentage Points Hike in Social Security Burden
Bulgaria's government and employers have agreed to increase by 1.8 percentage points social contributions payments as of next year during talks, boycotted by the trade unions.
Eurobank: Bulgaria Economy to Shrink 0.3% in 2010, Grow 2.5% in 2011
The Bulgarian economy will contract by 0.3% this year and grow by 2.5% in 2011, according to Bulgaria's Postbank, controlled by Greek EFG Eurobank.
Bulgaria Awaiting Final Decision on Pension Reform
Bulgaria' government, employers and trade unions are expected to finally reach an agreement on the increase in social contributions payments and steps to overhaul the country's pension system.
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