February' 2015 | Archive | Blog
At the beginning of the year, the Bulgarian Ministry of Tourism launched an advertising campaign in order to promote 50 less renowned tourism sites. The campaign benefits from EU funding worth 1.9 million BGN, VAT excluded, and it is part of the European operational program “Regional Development”. The project should end in August 2015.
After concluding an agreement on tax exchange information in April 2014, Bulgaria and the United States of America (USA) have formally signed the Foreign Account Tax Compliance Act (FATCA) the United States drafted and by which foreign financial institutions (FFIs) will provide information about bank accounts opened by U.S. citizens in other countries to the Internal Revenue Service (IRS).