A new law was introduced in the Bulgarian Tax and Social Security Procedure Code in issue 64/13.08.2019 of The State Gazette. The new law – which concerns the implementation of mandatory transfer pricing documentation requirements – will enter into force…
В ДВ. бр. 64 от 13.08.2019 е обнародван Закон за изменение и допълнение на Данъчно- осигурителния процесуален кодекс (ДОПК). Създадена е нова Глава 8 а, с която се въвеждат правила за изготвяне на документация за трансферно ценообразуване. Документацията за трансферно…
In the issue 64/13.08.2019 of The State Gazette, the Law on the Amendment and Supplementation of the Tax and Social Insurance Procedure Code (TSIPC) has been promulgated. A new Chapter 8 A has been created and it specifically introduces rules…
The VAT rate in Bulgaria has remained unchanged at 20% for many consecutive years. Recently, there has been a lot of debates on the future possibility of amending the VAT rate for certain food products as well as medicines and…
January 2016 Globalization made international capital boundaries disappear. Market size has become more important than the size of countries. Regions such as South East Europe with large number of smaller countries have attracted many foreign investors. When choosing a jurisdiction…
Bulgaria/June 2015 Low Tax Jurisdictions: The Low Tax Jurisdictions are the most widely used jurisdictions in tax planning nowadays. The strict regulatory rules and the stigma attached on jurisdictions offering offshore companies have forced many businesses to re-evaluate their tax…