FOREIGN TAX RELIEF
Tax credits are available with respect to foreign tax paid on overseas income by resident individuals. The credit is limited to the amount of the Bulgarian corporation tax and income tax payable on that income. If Bulgaria has signed a double taxation treaty with the country where the income is sourced, the rules of the treaty apply.

CORPORATE GROUPS

There are no special rules relating to corporate groups.

RELATED PARTY TRANSACTIONS

For taxation purposes, related party transactions should be at market value, otherwise the taxable profit or income is adjusted by the difference.