|
|
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 >>
|
 |
Simply the best! My Bulgarian Property RUS1963
Brief: Houses for sale near Ruse
Area: 300 sq.m.
Price: 180000 EUR
|
|
|
 |
Agricultural land at a great price - LND01
Brief: Agricultural land for sale near Ruse
Area: 15000 sq.m.
Price: 4500 EUR
|
|
|
 |
The perfect holiday gift - Bulgarian Property near Mineral Spring Water - More than 22 000 sq. feet of land RUS1592
Brief: Houses for sale near Veliko Tarnovo
Area: 90 sq.m.
Price: 11500 EUR
|
|
|
 |
The sweet escape My Bulgarian Property RUS7635 - DISCOUNTED PRICE
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 7700 EUR
|
|
|
 |
Attention! Owner needed! My Bulgarian Property RBP25
Brief: Houses for sale near Ruse
Area: 50 sq.m.
Price: 5300 EUR
|
|
|
 |
The call My Bulgarian Property RBP10
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 8000 EUR
|
|
|
 |
Get closer to mountain - Bulgarian Property -RUS1402
Brief: Houses for sale near Veliko Tarnovo
Area: 100 sq.m.
Price: 9200 EUR
|
|
|
 |
Take me back to my house in the mountain - Bulgarian Property - RUS1230
Brief: Houses for sale near Ruse
Area: 120 sq.m.
Price: 7900 EUR
|
|
|
 |
A palace for sale in Ruse - Bulgarian Property - RUS1224
Brief: Houses for sale in Ruse
Area: 500 sq.m.
Price: 200000 EUR
|
|
|
 |
Another property for sale near Ruse Bulgarian Property - RUS 1280
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 6900 EUR
|
|
|
 |
Grab the change Bulgarian Property - RUS1574
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 6500 EUR
|
|
|
 |
A perfect investment near the sea - Bulgarian Properties - SLAND08
Brief: Land for sale near Balchik
Area: 40000 sq.m.
Price: 80000 EUR
|
|
|
 |
Lets be real friends (1) - Bulgarian Property RUS1512
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 9800 EUR
|
|
|
 |
La casa de la vida... - RUS1255
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 9900 EUR
|
|
More Properties in Bulgaria >>
|
|
|
 |
|
|
|
| PROPERTY SERVICES |
|
|
|
|
|
| MORE SERVICES |
|
|
|
