New EU data shows that there are huge differences in the minimum wage workers receive, depending on the countries in which they’re employed. A worker in Luxembourg who receives the monthly minimum wage €1,923, the highest amount in the EU, gets 90% more than the same worker in Bulgaria (€184), ...
Read MoreThe best tax location is Bulgaria ; the worst Slovenia says report
Expats looking to minimize their income-tax bill may want to pack up and move to Bulgaria. While there’s no such thing as tax-free living, some places have better tax structures for expats than others—and the tiny Balkan nation is one of them. A new report from AIRINC, a firm that ...
Read MoreBulgaria approves US Foreign Account Tax Compliance Act
The Council of Ministers has approved an intergovernmental agreement between Sofia and Washington regarding the application of the US Foreign Account Tax Compliance Act (FACTA) in Bulgaria. The document has been submitted for approval by the country’s Parliament. If it gets the nod of legislators, the agreement will allow US ...
Read More