As of 1 January 2026, Bulgaria introduced the euro as the official currency. At the same time, the country started the year without adopted budget laws, which led to a “freezing” of the main thresholds, taxes, social security contributions and benefits at their 2025 levels, with the amounts being [...]
Interview with Latchezar GeorgievDigital transformation has long been a key driver of sustainable growth for any business, and within family-owned companies it often serves as a vital bridge between generations. During a discussion panel, Latchezar Georgiev, Managing Partner at Sb Accounting & Consulting, shared practical insights, challenges and proven approaches [...]
(continuing from Nature and Types of Transfer Pricing – Part I) When making inter-company deliveries at market prices, all of the divisions can realize profit. The amount of the profit is a true indicator for the effectiveness of their activity. The market price is a criterion for the profitability of [...]
Transfer pricing is a practice which is usually connected to international operations. It’s related to non-market approach in defining prices of products and services, which are being delivered from one division of the organisation to another. Despite of the administrative pricing, the operations can be conducted on the basis of [...]
With the changes in legislation a lot of favourable conditions are back for getting a VAT refund when acquiring or renting company’s cars. Some changes in the legislation provide greater opportunities for companies to deduct VAT. Companies could use tax credit in the following cases: when they use an operating [...]
