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Bulgaria's parliament advances changes to the Corporate Income Tax Act during its first reading, aligning with the European Directive aimed at ensuring minimum effective taxation for multinational corporations in the EU single market.
MPs have greenlit amendments enforcing the EU's taxation rules on large multinational and national enterprises operating in the EU market, introducing a 5% national additional tax. These changes are poised to affect companies with turnovers exceeding 750 million euros.
The directive extends its reach to foreign individuals, mandating tax payments based solely on income sourced within Bulgaria, in accordance with the Law on Taxation of Individuals. The second reading for further deliberations on these amendments is scheduled for November 27.
Bulgarians have been targeted by a wave of disinformation against the country’s upcoming entry into the eurozone. Parties like "Revival," some politicians, and self-proclaimed experts flood media and social networks with manipulations
Apricot harvests in Bulgaria face growing risks as winters become milder and more erratic, resulting in fewer sufficiently cold days crucial for the fruit’s proper development
Tourism Minister Miroslav Borsos met with the UK’s Ambassador to Bulgaria, H.E. Nathaniel Copsey, to explore ways of strengthening cooperation between the two countries in the tourism sector
Bulgaria and China are stepping up efforts to ease and speed up access for Bulgarian agricultural and food products to the Chinese market
Bulgaria continues to assert its role in shaping the future of artificial intelligence within the European Union
Bulgarian journalist Georgi Gotev believes that Bulgaria's accession to the eurozone would be good news - not just for the country, but for the European Union as a whole
After Bulgaria adopts the euro, the highest risk of speculative price increases will likely come from mobile operators and electricity distribution companies
Bulgarian National Bank (BNB) Governor Dimitar Radev addressed recent media reports regarding his comments on Bulgaria’s convergence reports related to joining the eurozone
Banking services in Bulgaria rank among the most accessible within the European Union
The government has approved a budget of 9.5 million leva for Bulgarian Posts to support preparations for the switch from the lev to the euro
In a world increasingly defined by unpredictability, structural shifts are replacing what once were seen as passing disturbances.
When Bulgaria officially adopts the euro, the national side of the coins in circulation will feature emblematic figures and symbols from the country’s history
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase
