According to Lyudmila Petkova, the temporary mechanism aims to redistribute extraordinary profits accumulated during a period of economic uncertainty by companies in certain sectors. #БСК #свръхпечалба #данъци (translated)
"The positive budget effect of the measure is estimated at 800 million euros after the collection of 30% of the tax," explained Deputy Minister of Finance Lyudmila Petkova. #данъчниреформи #бюджет2027 #свръхпечалба (translated)
The deputies in Bulgaria will discuss amendments to the tax laws, including the new excess profit tax and excise duties for powerful cars, after these changes were approved by the Council of Ministers. #данъчнипромени #Бulgария #бюджет (translated)
The National Assembly is considering for the first reading a package of amendments to the tax laws, including taxing the excess profits of banks and companies, new excise duties, and increasing tax relief for parents. #данъчнизакони #България #НародноСъбрание (translated)
"The 'excess profit tax', as outlined in the tax laws adopted by the Council of Ministers, may lead to confiscatory effects for some of the companies that will be subjected to it. Some of them will have to bear a very high effective additional burden, while others will have to pay over 100% of their profits. This is confiscation." #данъксвръхпечалба #икономическитежест #корпоративенданък (translated)
A windfall profit tax is coming, which will also apply to larger grocery stores in smaller towns, with a proposed rate of 33% on excess profits from 2020 to 2025, affecting companies with net revenues above 5 million euros. #данък #свръхпечалба #икономика (translated)
The cabinet approved a package of draft laws with tax changes, which includes a windfall tax, excise duties for powerful cars, and relief for families, and the Prime Minister also assured that electricity and heating prices will not increase until July 1, 2027. #данъчнипромени #бюджет2027 #енергийнаполитика (translated)
Unions and employers discuss the challenges surrounding the state budget, which is on the brink of good practice, as the Confederation of Independent Trade Unions in Bulgaria insists on a new formula for the minimum wage and supports a windfall tax, while employers oppose the tax changes. #бюджет #КНСБ #работодатели (translated)
"When you exclude one-time revenues, such as the excess profit tax, and add them to the deficit - the real deficit in the budget for next year is 5%, which is leading Bulgaria towards disaster," said MP Martin Dimitrov. #бюджет2027 #дефицит #компенсации (translated)
The MP from Democratic Bulgaria, Martin Dimitrov, described the draft budget for 2027 as having no pilot in the airplane and emphasized that the real deficit is 5%. Moreover, the party proposes fuel compensation of 20 euro cents per liter, financed through a windfall tax. #бюджет2027 #дефицит #компенсации (translated)
Economists comment on the issues in Budget 2027, including the minimum wage and the excess profit tax, noting that an increase in the minimum wage may lead to an increase in the budget deficit and a decrease in investments. #МинималнаЗаплата #ДанъкСвръхпечалба #ИкономическиРастеж (translated)
Kristina asked why Vanya Grigorova was invited to speak about the economy and the taxation of banks' super profits. She used an offensive term for Grigorova and stated that, in her opinion, insignificant personalities are being imposed as factors in the country. #икономика #България #политика (translated)
