BG version A great award for our great team from the ADP Annual Convention held in Nice, France! We are proud that we did not betray ourselves and for another year we proved that we are a leading provider of outsourcing services in Bulgaria. It is a [...]
Taxable base can be reduced with up to 65% through donations, if certain conditions are met. Because the incomes of individuals in Bulgaria are taxed with a flat rate of 10%, the due tax can be decreased with up to 65% as well in a case of a donation. With [...]
The due tax on sale of property depends on different factors. It is taken into account when the property is acquired and on what grounds (a sale, a donation etc.). The tax amount depends on the type of the property (apartment, land), if the person has sold other properties during [...]
It’s an expectation that eleven out of seventeen EU countries that are part of the Euro zone will accept the proposed tax on financial transactions. The countries are: France, Germany, Belgium, Portugal, Slovenia, Austria, Greece, Italy, Spain, Slovakia and Estonia. This tax aims to increase the public resources and to [...]
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 [...]
