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Bulgaria Considers Amendments to Tax Legislation

Bulgaria Considers Amendments to Tax Legislation

The country’s Finance Ministry announced that amendments to the tax legislation have been posted for public consultation. These amendments include amendments to the “Corporate Income Tax Act”, “Personal Income Tax Act”, “Value Added Tax Act” and “Excise and Tax Warehouse Act”.

What amendments are we talking about?

They include extending tax incentives for investments in areas with high unemployment until 2030, updating the legislation on the minimum global tax, and introducing the EU Small Business Scheme for cross-border deliveries.

Comments can be submitted until 18 October 2024.

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