tax policy

Author: Assoc. Prof. Dr. Hristiyan Atanasov Elementary economic logic suggests that a lower tax rate is an opportunity for the accumulation of greater wealth by the individuals of society. It is clear that an enterprising person has the opportunity to earn more and, accordingly, the smaller part of what he earns he transfers for the “common good” (for example, to the state, …

State of the system, socio-economic impacts and prospects for liberalization This study provides a macroeconomic, socio-economic and fiscal assessment of the possibility of liberalizing the food voucher system in Bulgaria. You can read the full text of the study here. It takes into account the development of the country since 2012, especially the dynamics of incomes …

A huge change is happening before our eyes, while we keep our eyes closed. At the end of December 2018, official talks began in Brussels on a change in the decision-making procedure on tax policy issues. EU officials and certain forces in the Union are seeking to change the current system of unanimity (on the part of …

In recent weeks, the public situation in Bulgaria has been particularly heated by a number of protests. However, the greatest escalation of public tension in recent days is rooted not in protests by pensioners, mothers of disabled children, or religious denominations, but in protests against the rise in fuel prices, which was felt especially …

Author: Stefan Stoyanov It is widely believed that Bulgaria has the lowest taxes in the European Union. This perception is formed by comparing the rates, especially of Corporate Tax and Income Tax, with the corresponding rates in countries such as Germany or Denmark. But neither of these countries are representative of the entire European Union, …

Our economist Nikola Filipov is a guest on the show "Boom and Bust" on Bloomberg TV Bulgaria to comment on President Donald Trump's tax reform. He said that there are a lot of unknowns in the reform as a whole. "What is interesting about Trump's tax reform is that he doubles the so-called tax-deductible expenses," …