CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. Bulgaria Moving Ahead With Junk Food Tax

Bulgaria Moving Ahead With Junk Food Tax

by Tatiana Smolenskaya, Tax-News.com, Moscow

21 October 2015


Bulgaria's Minister of Health, Petar Moskov, has confirmed plans for a tax on junk food, originally mooted in September.

Moskov has said the tax will be levied on foods high in salt, sugar, caffeine, or hydrogenated fats, at rates ranging from 3 percent to 78 percent.

The levy is expected to yield revenues worth BGN150m (USD87m) per year starting from 2016.

TAGS: tax | fiscal policy | Bulgaria | food | legislation | tax rates | tax reform | legislation amendments

To see today's news, click here.

 
















Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »