The State Taxes the Excess Profits of Banks and Telecoms, Food Vouchers Already with Tax, a Blow to Gambling and Benefits for Children (Full List)
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The state will additionally tax the excess profits of banks, insurers, retail chains, telecoms, exchange offices and quick loan companies in 2027. These economic activities form 60% of the excess profit in all sectors, explained at a briefing at the Ministry of Finance Lyudmila Petkova, Deputy Minister of Finance. Manufacturing enterprises, transport and agriculture will not be taxed additionally. Any increase in profit by more than 20%, realize…
The state will additionally tax the excess profits of banks, insurers, retail chains, telecoms, exchange offices, and payday loan companies in 2027 to fill the budget.
The government of Rumen Radev proposes to tax the excess profits of banks; insurance and reinsurance companies; merchants carrying out...
The cabinet proposes increasing child-rearing benefits, and introduces subsidies for sports and education. This expenditure will be financed by taxing excess profits of businesses in several sectors. An excise tax is also being introduced for powerful cars....
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