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 [...]
In two consecutive years, a flat tax of 10% was introduced in Bulgaria. First in 2007 -10% tax on corporate incomes and in 2008 - 10% tax on incomes of individuals. The flat rate can be defined as a positive reform for Bulgaria. In the countries with flat tax rate [...]
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 [...]
The market of mergers and acquisitions in the countries from Central and East Europe shrank by 40% in 2012. The main reasons for the registered recession is: the continues debt crisis in the Eurozone, which is a main trade partner in the Region, the political unstable situation in some of [...]
Recently we received a question from a visitor at our website which was the following: “I am a sole shareholder of a limited liability company. In the company I have appointed a director, who I insure. I work on a labor contract with another employer, who insures me for all [...]
