|
|
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 >>
|
 |
Somewhere over the rainbow My Bulgarian Property RUS5033
Brief: Houses for sale near Veliko Tarnovo
Area: 120 sq.m.
Price: 7900 EUR
|
|
|
 |
The voice of Nature Near a Mineral Spring RUS1961 - DISCOUNTED PRICE
Brief: Houses for sale near Veliko Tarnovo
Area: 90 sq.m.
Price: 6800 EUR
|
|
|
 |
The sweet escape My Bulgarian Property RUS7635 - DISCOUNTED PRICE
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 7700 EUR
|
|
|
 |
The perfect mountain destination - My Bulgarian Property - UN-SM11
Brief: Houses for sale near Popovo
Area: 64 sq.m.
Price: 3800 EUR
|
|
|
 |
Happy Days! My Bulgarian Property RUS3593
Brief: Houses for sale near Veliko Tarnovo
Area: 100 sq.m.
Price: 12500 EUR
|
|
|
 |
Hunting for rural treasure? - My Bulgarian Property - House in Bulgaria - RUS12511
Brief: Houses for sale near Ruse
Area: 120 sq.m.
Price: 19500 EUR
|
|
|
 |
Building plot fro sale near ALBENA - VUS1209
Brief: Land for sale near Balchik
Area: 1600 sq.m.
Price: 50000 EUR
|
|
|
 |
Paint the perfection! Propertry in Bulgaria - RUS1570
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 17900 EUR
|
|
|
 |
Marina Cape Bulgaria: Luxury and Calmness in the Heart of Nature - apartment for sale on the sea
Brief: Large apartments for sale near Sunny Beach
Area: 1 sq.m.
Price: 1200 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
|
|
|
 |
Become Bulgarian Bulgarian Property - RUS 1275
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 9800 EUR
|
|
|
 |
Too much like a fairy-tale Bulgaria Invest - RUS1561
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 5600 EUR
|
|
|
 |
Want to develop some family business? Thats it! - RUS1236
Brief: Restaurants & Bars for sale in Ruse
Area: 330 sq.m.
Price: 73000 EUR
|
|
|
 |
Build your dreams RUS 1271
Brief: Houses for sale near Ruse
Area: 200 sq.m.
Price: 12000 EUR
|
|
More Properties in Bulgaria >>
|
|
|
 |
|
|
|
| PROPERTY SERVICES |
|
|
|
|
|
| MORE SERVICES |
|
|
|
