News

From the beginning of 2013 every taxpayer will have a unified tax account which will show all his payments and liabilities. The main advantage of the account is considered to be the single payment instruction that will be used for paying all the tax and social security liabilities for the month. The main fear associ...

The value of the brandname Allianz has increased with 16 % and now costs 6.2 billion dollars. It moved up 5 places in the ranking for the current year, ranking 62nd. Currently 600 000 people - employees, agents and partners serve 76 million clients of Allianz all over the world.

Unemployment rises faster in Greece, Bulgaria and Cyprus. The highest level of unemployment is in Spain (25.1%) and the lowest is in Austria (4.5%). The average youth unemployment rate for the Union is 22.5%.

According to the Chairman of Goldman Sachs Asset Management Jim O’Neill a new, faster developing group of countries MIST – Mexico, Indonesia, South Korea and Turkey is emerging and it has the potential to gradually get ahead of the group of the fastest growing economies today BRIC – Brazil, Russia,...

Bulgarian government has approved the draft of a new agreement between Bulgaria and Switzerland for the avoidance of double taxation. The main change is the addition of a clause on exchange of information between the two countries, including such constituting bank secrecy . Thus Bulgarian party hopes to drop attempt...

The primary purpose is to guarantee that entities will be tax liable in the countries where profits are generated and that they will not be able to avoid paying the due taxes. The proposition for authomatic exchange of information has received the full support of the finance ministers of the member states and it sho...