|
|
Bulgaria Parliament Approves Corporate Tax Breaks for Large Investors
|
Bulgaria's Parliament voted Tuesday night amendments to the corporate tax law providing for breaks for large investors.
The approved changes state that a company, which invests in the Bulgarian economy over BGN 10 M in one year, or over BGN 50 M in five years, would be allowed to defer the payment of the corporate tax for a period of five years.
The decision would benefit investors in the high-tech industry, manufacturing, infrastructure development, processing industry, and the agriculture sectors. Bulgaria presently has a flat-rate corporate tax of 10%.
At the same time, however, Bulgaria's Parliament voted Tuesday against the reduction of the value-added tax, which had been proposed by the rightist opposition.
The suggested decrease of VAT from the present 20% down to 18% as well as its reduction to 5-7% on medicines, textbooks, printed editions, and food were rejected by the ruling three-way coalition.
The MPs also decided to increase the excise tax on cigarettes - from the present BGN 37 per 1 000 pieces plus 35% of the sale price to BGN 40,5 per 1 000 pieces plus 42% of the sale price.
The measure was motivated by Bulgaria's commitment to reach the minimum excise tax rates in the EU.
Finally, the Parliament decided to give tax breaks to young families with mortgage loans. The measure benefits any married couple below 35 years of age owning only one house or apartment by reducing their taxes by the amount of the annual interest on their mortgage.
|
|
all news >>
|
 |
|
 |
Bulgarian Properties |
Cheap Properties in Bulgaria >>
|
 |
Breakaway! My Bulgarian Property RUS4370
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 10700 EUR
|
|
|
 |
Perfect lot for Solar Photovoltaic Panels - Only 4 Euro per sq.meter - RUS1577
Brief: Land for sale near Ruse
Area: 7000 sq.m.
Price: 28000 EUR
|
|
|
 |
The sweet escape My Bulgarian Property RUS7635 - DISCOUNTED PRICE
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 7700 EUR
|
|
|
 |
More than 12 500 sq.feet of Development land in Regulation - Ready to build - Bulgarian Property - RUS1591
Brief: Land for sale near Veliko Tarnovo
Area: 1200 sq.m.
Price: 12400 EUR
|
|
|
 |
The perfect mountain destination - My Bulgarian Property - UN-SM11
Brief: Houses for sale near Popovo
Area: 64 sq.m.
Price: 3800 EUR
|
|
|
 |
The sea dream - land near the sea - Bulgarian Property near Cape Kaliakra - RUS195B
Brief: Land for sale near Balchik
Area: 10000 sq.m.
Price: 500000 EUR
|
|
|
 |
At the foot of the mountain My Bulgarian Property RUS5001 - DISCOUNTED PRICE
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 3100 EUR
|
|
|
 |
Where history meets nature My Bulgarian Property RUS6031
Brief: Houses for sale near Veliko Tarnovo
Area: 100 sq.m.
Price: 7600 EUR
|
|
|
 |
Healthy home in an wealthy area My Bulgarian Property RBP28
Brief: Houses for sale near Ruse
Area: 120 sq.m.
Price: 110000 EUR
|
|
|
 |
A lovely house near Ruse My Bulgarian Property RBP27
Brief: Houses for sale near Ruse
Area: 130 sq.m.
Price: 11900 EUR
|
|
|
 |
Surprise yourself Bulgarian Property - RUS1533
Brief: Houses for sale near Ruse
Area: 90 sq.m.
Price: 5200 EUR
|
|
|
 |
Can you believe it? Bulgarian Property - RUS1529
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 10300 EUR
|
|
|
 |
The place where you belong - VUS1207
Brief: Houses for sale near Silistra
Area: 60 sq.m.
Price: 9500 EUR
|
|
|
 |
RUS1510
Brief: Houses for sale near Ruse
Area: 120 sq.m.
Price: 12400 EUR
|
|
More Properties in Bulgaria >>
|
|
|
 |
|
|
|
| PROPERTY SERVICES |
|
|
|
|
|
| MORE SERVICES |
|
|
|
