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Parliament rejects presidential veto on tax amendments

Parliament rejects presidential veto on tax amendments

22 November 2018 | 16:12 | FOCUS News Agency
Sofia. The MPs readopted the tax amendments vetoed by the president, by 130 to 46 votes, Focus News Agency reports. President Rumen Radev opposed the higher tax on old cars and the postponement of the tax reform on municipal waste. He also argued against the introduction of higher tax rates for properties in resorts and the customs reorganisation. This was President Radev’s 11th veto, until now the Parliament has accepted only one – on amendments to the Privatisation and Post-privatisation Control Act.
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BSP will propose cancellation of tax on old cars due to poverty

BSP will propose cancellation of tax on old cars due to poverty

14 November 2018 | 13:39 | FOCUS News Agency
Sofia. BSP will submit a proposal in Parliament today to cancel the higher tax on old cars, party leader Kornelia Ninova told reporters after a meeting with a major trade union, Focus News Agency reports. “We disagree on this point. The Confederation of Independent Trade Unions in Bulgaria thinks this is not an important issue, we are of the opposite opinion. This is very important against the backdrop of injustice and inequality. Given the poverty and the condition of the country, one cannot encroach on these people and expect to solve the problems in the country with that BGN 20 million, not bothering the big ones and big business,” Ninova said.
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PM: If we do not take steps to deal with air pollution, we will end up as dumping ground for diesel cars and it will be too late

PM: If we do not take steps to deal with air pollution, we will end up as dumping ground for diesel cars and it will be too late

14 November 2018 | 11:57 | FOCUS News Agency
Sofia. If Bulgaria does not take steps to deal with air pollution, it will end up as a dumping ground for diesel cars and it will be too late, Prime Minister Boyko Borissov said about the higher tax on old cars, speaking before the weekly government meeting, Focus News Agency reports. He stressed the measure was supported by the municipalities in order to deal with dirty air, huge traffic and harmful particulate matter. He noted that France was planning to prohibit diesel cars in 2022 and that an EC sanction procedure was ongoing over air quality in Bulgaria. “Surely [the issue] is very populist, but these are the risks. Let’s have it debated in society,” the prime minister said.
Regarding fuel prices, he said the regulations would be changed so that people could see the production price, the excise tax and other price components at petrol stations.
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Municipalities want meeting with President Radev to explain the reason for tax changes for cars

Municipalities want meeting with President Radev to explain the reason for tax changes for cars

13 November 2018 | 15:31 | FOCUS News Agency
Sofia. The municipalities want a meeting with President Rumen Radev to explain the reason for the higher tax on old cars, Veliko Tarnovo Mayor Daniel Panov, who chairs of the National Association of Municipalities, told a briefing after the president vetoed the tax amendments, Focus News Agency reports. Panov said that this is one of EU measures for clean air. It will not produce a major tax increase for old cars, the increase will be in the range of BGN 5 to BGN 10 a year, he explained. The improvement of air quality is everyone’s responsibility, including of the president, and the veto may lead to serious consequences such as fines for municipalities, Dimitrovgrad Mayor Ivo Dimov warned.
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BSP will seek to revoke higher tax on old cars during debates on the state budget

BSP will seek to revoke higher tax on old cars during debates on the state budget

13 November 2018 | 14:38 | FOCUS News Agency
Sofia. Between the first and second readings of the state budget in Parliament, BSP will submit proposals for the cancellation of the higher tax on old cars, party leader Kornelia Ninova told a press conference, Focus News Agency reports. “For several days now we have seen protests in many cities across the country, with different demands from the people. The problems and issues they raise have a solution. There is a place and a way to solve them. The place is the National Assembly, through laws,” she said. The party will also insist that the government withdraw the draft for an ecotax on second-hand clothes and shoes. “We continue to insist on a VAT reduction for bread and medicines and a recalculation of pensions,” Ninova added. She confirmed that BSP will not register for plenary sessions until Deputy Prime Minister Valeri Simeonov resigns.
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President Radev vetoes tax amendments

President Radev vetoes tax amendments

13 November 2018 | 13:36 | FOCUS News Agency
Sofia. President Rumen Radev has vetoed the latest amendments to the Corporate Income Tax Act. Speaking to reporters, he said the Parliament has enough time to consider the veto and adopt the state budget for 2019 on time, Focus News Agency reports. Asked if he would accept a meeting with GERB to discuss their proposals on the motor third-party liability insurance, the president said the ruling party first owes an explanation to the Bulgarian people, while by constitution he could intervene at the final stage of the legislative process.
Focus recalls: The latest amendments to the Corporate Income Tax Act amend several other tax laws, increasing the tax on old cars as of January 2019.
This is the 11th veto by President Radev. So far the Parliament has supported only his veto on the law on privatisation and post-privatisation control.
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PICTURE OF THE DAY
New faux pas by Jean-Claude Juncker. December 18, 2018;
New faux pas by Jean-Claude Juncker. December 18, 2018;

VIDEO OF THE DAY
Prize drawing in Q&A game European Test for Masters. July 30, 2018;
Prize drawing in Q&A game European Test for Masters. July 30, 2018;
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