|
|
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 >>
|
 |
Everyday is a new begining - SRUS2389
Brief: Houses for sale near Pleven
Area: 100 sq.m.
Price: 19950 EUR
|
|
|
 |
Agricultural Land for sale in Bulgaria-Bulgarian Property - SLAND02
Brief: Agricultural land for sale near Ruse
Area: 11000 sq.m.
Price: 3300 EUR
|
|
|
 |
A home in the sun My Bulgarian Property UN3101 - DISCOUNTED PRICE
Brief: Houses for sale near Veliko Tarnovo
Area: 150 sq.m.
Price: 8000 EUR
|
|
|
 |
Do you love the mountains? My Bulgarian Property UN1207
Brief: Houses for sale near Veliko Tarnovo
Area: 100 sq.m.
Price: 8900 EUR
|
|
|
 |
Take me back to my HOME on the river Bulgarian Property - RUS1565
Brief: Houses for sale near Veliko Tarnovo
Area: 80 sq.m.
Price: 9300 EUR
|
|
|
 |
Bulgarian Property and Tradition - more than 20 000 sq. feet of Land RUS1527
Brief: Houses for sale near Veliko Tarnovo
Area: 80 sq.m.
Price: 4900 EUR
|
|
|
 |
The perfect combination: nature, history and a pretty home My Bulgarian Property RBP21
Brief: Houses for sale near Ruse
Area: 200 sq.m.
Price: 93000 EUR
|
|
|
 |
Welcome to Yantra River My Bulgarian Property RBP02
Brief: Houses for sale near Ruse
Area: 135 sq.m.
Price: 9600 EUR
|
|
|
 |
Become Bulgarian Bulgarian Property - RUS 1275
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 9800 EUR
|
|
|
 |
Bulgarian Property - Live IN RUSE !!! - RUS1293
Brief: Large apartments for sale in Ruse
Area: 100 sq.m.
Price: 125000 EUR
|
|
|
 |
Lets be real friends (2) - Bulgarian Property RUS1514
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 11600 EUR
|
|
|
 |
Lets be real friends (1) - Bulgarian Property RUS1512
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 9800 EUR
|
|
|
 |
RUS1511
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 11200 EUR
|
|
|
 |
Its so easy to be happy RUS 1277
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 7300 EUR
|
|
More Properties in Bulgaria >>
|
|
|
 |
|
|
|
| PROPERTY SERVICES |
|
|
|
|
|
| MORE SERVICES |
|
|
|
