Advance instalments for Corporate income tax according to the Bulgarian CIT Law

2018-03-20T15:54:52+02:00March 18th, 2011|Accounting, Consulting, Doing Business in Bulgaria, Taxation in Bulgaria|

In compliance with the Corporate Income Tax Act /Chapter fourteen ADVANCE CONTRIBUTIONS/, the taxable persons shall make monthly or quarterly advance contributions for corporate tax. Exempt from advance contributions shall be: 1. taxable persons, whose net income of sales for the preceding year does not exceed BGN 200 000; 2. newly constituted taxable persons for [...]