Winter Tourism: 1.8 Million Visit Bulgaria
Bulgaria has witnessed a bustling winter tourism season, with a total of 1.8 million tourists gracing its picturesque landscapes from December 1 to March 25
Bulgarian Parliament intends to lower taxes on remote gambling in order to stimulate offshore registered operators to register and pay taxes in Bulgaria.
The Current tax rate of 15% is perceived as too high by sport betting operators, therefore they opt to register offshore in order to avoid paying taxes in Bulgaria.
“The present taxation regime on internet gambling needs to be liberalized in a way that will attract foreign registered operators to register themselves in Bulgaria and pay their taxes here”, said Yordan Tsonev, an MP from Turkish Movement for Rights and Freedoms and chair of the parliamentary budget committee, as cited by “Kapital Daily”.
At present some online betting companies prefer to register in offshore taxation heavens to sidestep Bulgaria’s gambling taxes and are operating in the grey area with no license, but a decrease of the taxation rate would attract them to enter the Bulgarian market officially and to pay their taxes in the country.
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The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
Bulgaria has witnessed a bustling winter tourism season, with a total of 1.8 million tourists gracing its picturesque landscapes from December 1 to March 25
Trade relations between Bulgaria and Ukraine have reached unprecedented heights, with bilateral trade hitting a record 3 billion USD in 2022, according to statements made during the recent Bulgarian-Ukrainian business forum
As of 2022, the count of fellow countrymen who purchased real estate overseas reached 2,154, based on data from the National Revenue Agency referenced by "Telegraph"
Bulgaria's long-anticipated entry into the Eurozone may face a delay, as the country is unlikely to meet the inflation criterion required for the introduction of the euro on January 1, 2025
FlixBus, the renowned European bus company, is set to launch new routes to and from Bulgaria in anticipation of the summer season
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022