Corporate Income Tax Bulgaria /CIT/ – Taxable base for CIT purposes

2020-10-05T12:17:57+03:00March 25th, 2011|Accounting and Reporting|

The taxable income of the Bulgarian company would be subject to Bulgarian CIT of 10% (flat rate) levied on the annual taxable profit of the Bulgarian company for the respective fiscal year. The fiscal end financial year in Bulgarian coincides with the calendar year. The taxable result of the Bulgarian [...]