Tax

Businesses unhappy with reversal of tax reform

Ljubljana – The Chamber of Commerce and Industry (GZS) is unhappy with the government’s plan to revoke parts of the tax reform adopted by the previous government, including a continued increase in the general tax relief for all earners. In a written response to the proposal, the GZS hails the government’s plan for a comprehensive tax reform to be be passed by 2024.

Paper opposes unlimited term for tax office chiefs

Ljubljana – The business daily Finance disputes in Monday’s commentary the provision in the government’s draft income tax act that would reinstate unlimited tenure for the chiefs of local tax offices, arguing that this paves the way for “nepotism, corruption and the creation of parallel mechanisms” that are damaging to a young democracy.

Owners in Bulgaria have Earned BGN 14 Million in Income from Properties Rented through Airbnb

More than BGN 14 million in rental income has been received by Bulgarians, real estate owners, who provide short-term accommodation for tourists through Airbnb, the National Revenue Agency (NRA) announced. The data refer to the second half of 2021 and have been submitted to the revenue agency by Airbnb, and the NRA expects information from Booking.com as well.

The Bulgarian State will Pay You if You Report Someone for Hidden Taxes

The quadruple ruling coalition is planning a controversial incentive to increase tax and social security collection. The government proposes that from 2023 a bonus be introduced for every citizen and company that has helped the tax authorities with information to establish hidden taxes and social security contributions.

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