Tax

Bulgaria Ranks 36th in Frasers's 2021 Economic Freedom of the World Annual Report

Bulgaria ranks 36th among 165 countries and territories in Frasers's 2021 Economic Freedom of the World Annual Report, losing four positions from last year, said Tuesday the Institute for Market Economics (IME) which is the local partner of Fraser Institute.
A year earlier Bulgaria was 32nd in the ranking.

Proposal on cryptocurrency tax amended

Ljubljana – Only a day after putting out a proposal on taxation of trading in cryptocurrencies, the Financial Administration (FURS) said it will amend the proposal amid a strong response from stakeholders to give taxpayers the option to chose between paying tax either on the profits they make or as a percentage of the cryptocurrency they cash in.

Thessaloniki International Fair – Tax package for civil servants and retirees

In the coming days, the government will lock its decisions to abolish the solidarity contribution to civil servants and retirees, the average reduction of 8% of ENFIA in 2022, while at the same time proceeding with smart measures to reduce tax evasion that will be returned to it next year to reduce further income tax rates.

Extinction Rebellion protests in London’s financial centre

Environmental movement Extinction Rebellion on Aug. 27 demonstrated in the heart of London against the financing of fossil fuel industries by lenders in the City, as part of two weeks of planned action.

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Several hundred people marched to the beat of drums through the centre of the financial district.

EconMin Nasui: Romanians wanting higher pay for their work not asking for privilege

Romanians who want higher pay for their work do not ask for any privilege, but only not to take half of their salary to pay all kinds of privileges for the politically connected, says Economy Minister Claudiu Nasui. "When it comes to leaving money to working Romanians, it is a budgetary problem.

PM Citu: I'm interested in keeping same tax system until 2024 the least

Prime Minister Florin Citu on Tuesday said, at a discussion with representatives of the Coalition for the Development of Romania, that he wants the tax system to remain the same at least until 2024, without tax increases. "Since our last discussion, we also have a Minister of Finance whom you could have a dialogue with.

Govt adopts watered-down amendments to VAT act

Ljubljana – The government has adopted a new version of amendments to the act on value added tax (VAT) after its first proposal was defeated in parliament in July. The original amendments were drafted as part of broader tax reform efforts. The new version preserves some of the key solutions but is narrower.

PM Citu: First task of the FinMin is keeping gov't deficit below 7.16% throughout the year

Prime Minister Florin Citu said on Thursday that the first task he set for the new Minister of Finance, Dan Vilceanu, is keeping the government deficit below 7.16% until the end of the year, adding that he will not accept tax increases during his tenure. "I've completed the handover of the ministerial portfolio after 45 days of being the interim finance minister.

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