Tax on sale of property by an individual in Bulgaria

2018-03-20T15:54:51+02:00April 19th, 2011|Questions & Answers|

Q: Private individual sells one property for BGN 200 000 in the year 2010. The property had been bought back in 1999. Is the individual required to get register for VAT in Bulgaria? What are the tax liabilities in the event of such a deal? Answer: According to Art. 3, para. 1 from the VAT [...]