18 April 2024 / 22:56
Bulgaria reduces VAT for restaurants and entertainment establishments in tourism
The value added tax for restaurants and entertainment establishments in the tourism sector will be reduced to 9% as of January 1, 2021. The agreement was reached between Bulgaria’s Premier Boyko Borissov, the Association of Restaurants and Bulgaria and the Bulgarian Hotel and Restaurant Association, this country’s government has announced, according to BNR. "We are taking a political risk with this decision. However, the decision is in support of the losses stemming from the Covid-19 crisis and has been agreed with the Ministry of Finance", Premier Borissov underlined. In return, gray economy in this sector should be reduced to zero, Premier Borissov has demanded. The amendments to H-18 regulation were delayed for next year. Elaboration of anti-crisis credit plan and grants from the Bulgarian Development Bank were also negotiated during the meeting.
Latest newsLatest newsIs Pashinyan going to attend Putin's inauguration?
17 April 2024 / 14:40
Russian peacekeepers’ pulling out from Nagorno-Karabakh has begun, Kremlin confirms
17 April 2024 / 14:34
Tokayev: Kazakhstan ready to offer platform for Armenia-Azerbaijan negotiations
15 April 2024 / 13:37
U.S. refuses to join Israel in retaliatory action against Iran
15 April 2024 / 11:33
Olivier Decottignies: France is providing Armenia military gear everyone’s desperate to get
09 April 2024 / 13:58
Ruben Vardanyan nominated for Nobel Peace Prize
08 April 2024 / 13:48
Serzh Sargsyan says Armenia-EU-US meeting will intensify Russia-West confrontation
05 April 2024 / 14:17
Pashinyan-Blinken-von der Leyen meeting underway in Brussels
05 April 2024 / 14:08
Aliyev expressed to Blinken Baku's dissatisfaction with the US-EU-Armenia trilateral meeting
04 April 2024 / 12:39
Peace process not the focus of Armenia-EU-US meeting – State Dept
02 April 2024 / 14:57
US deputy special envoy for Iran recaps his visits to 3 South Caucasus countries
02 April 2024 / 14:28
Pope Francis supports talks between Armenia and Azerbaijan
01 April 2024 / 13:09
Turkey’s Erdogan accepts his party’s defeat in local elections
01 April 2024 / 12:48
Azerbaijan's SSS: France incites Armenia to new war
29 March 2024 / 14:47
US State Department to Zakharova: Turbulence in South Caucasus is fueled by Russia's actions in recent months
29 March 2024 / 14:06