exemption from taxation Archives | Sb Accounting & Consulting

Withholding taxes and application of double tax treaty relief in Bulgaria – part I

Anton Parushev2020-10-05T12:15:58+03:00May 3rd, 2011|Accounting and Reporting|

Bulgarian CITA provides for a withholding tax of 10% levied on certain types of income paid by Bulgarian companies to foreign persons (e.g. income interests, technical services fees, consultancy fees, rentals, etc). With withholding tax are levied the dividends and liquidation quotas which are distributed by local legal entities in [...]

Tax on expenses in Bulgaria – part II

We will continue our previous post about the tax on expenses in Bulgaria. If you have missed the first part please read it here first... The expenses which are exempt from taxation are: 1) social expenses for contributions and premiums for additional social security and life insurance – up to [...]