Bulgaria May Shift from Flat to Progressive Taxes Within a Decade, IMF and Experts Say

The International Monetary Fund has indicated that Bulgaria’s flat tax system may not be sufficient to sustain growing demand for quality public services. In a medium-term perspective, the IMF suggests that higher revenues could be achieved by raising tax rates on personal and corporate income and transitioning to a progressive taxation model.Economist Rumen Galabinov also predicts that Bulgaria could adopt a new type of taxation within the next decade....Weiter zum vollständigen Artikel bei Novinite Weiter zum vollständigen Artikel bei Novinite