Tax Services in BG

May 2013

Nature and Types of Transfer Pricing – Part II

2018-03-20T15:54:45+02:00May 22nd, 2013|Accounting, Clients Showcase, Consulting, Questions & Answers|

(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 the whole chain of inter-company [...]

April 2013

Annual Reporting and Taxation of Income Received by Individuals in 2012 – Part II

2018-03-20T15:54:45+02:00April 10th, 2013|Bulgarian Tax Guide, Taxation in Bulgaria|

Exceptions: An annual declaration should not be submitted in the following cases: When the citizen within the last year has only received income derived from a labour contract and as of 31st of  December 2012 had an employer, who has calculated the annual amount of the due tax and has deducted it until the 31st [...]

Annual Reporting and Taxation of Income Received by Individuals in 2012 – Part I

2018-03-20T15:54:45+02:00April 9th, 2013|Bulgarian Tax Guide, Taxation in Bulgaria|

The deadline for annual taxation and declaring of income received in 2012, according to the provisions of the Personal Income Tax Act (PITA), is approaching – 30th of April 2013. By this date the due tax needs to be transferred to the National Revenue Agency bank account. Subject to tax on the common annual tax [...]