Time's Up: Last Call for Tax Returns in Bulgaria
As the clock ticks down to midnight tonight, Bulgarians are reminded that April 30th marks the final day for filing their 2023 personal income tax returns
Image from Friday's air raid of the Bulgarian National Revenue Agency over luxury estates in the southern suburbs of capital Sofia. Photo by NRA
Bulgaria's National Revenue Agency will continue mapping luxury real estate properties across the country from the skies via helicopter raids over next week.
This was announced by the Revenue Agency's head Krasimir Stefanov to Darik Radio just days after the tax authorities launched the spectacular operation together with helicopter Air Detachment 28.
Now it became clear that the tax official's efforts will continue mapping expensive properties across the whole country in a bid to curb tax evasion and asset undervaluation.
When the mapped estates have been identified, their owners will be checked in the Revenue Agency's records.
"The campaign is expected to bring some BGN 10 M to state coffers," vowed tax director Stefanov.
He further expressed sincere amazment at what he saw around Sofia, saying that it "exceeded expectations."
The Coordination Center for the Euro Mechanism provided an update on the implementation of the euro in Bulgaria, highlighting that the process is progressing in an orderly and coordinated manner
Bulgaria’s outgoing Agriculture Minister Georgi Tahov has assured that the European Union’s trade deal with Mercosur will not negatively affect the country’s economy, pointing to the very limited trade between Bulgaria and the South American bloc.
Simeon Dyankov, chairman of Bulgaria’s Fiscal Council, has warned that price increases implemented by traders are likely to remain in place despite new laws and fines
The Bulgarian government has approved an additional €25 million in revolving credit for Bulgarian Posts EAD to support the ongoing exchange of levs into euros at post offices
The Bulgarian National Bank (BNB) has updated its GDP growth forecast for Bulgaria for the 2025–2027 period, showing a more optimistic outlook than its June 2025 projections.
The process surrounding Bulgaria’s transition to the euro is unfolding smoothly and compares favorably with similar experiences in other countries
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