|
|
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
|
|
|
 |
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
|
|
|
 |
Luxury Italian Design Apartment – My Bulgarian Property - ALL INCLUSIVE – AP2601
Brief: Large apartments for sale in Ruse
Area: 100 sq.m.
Price: 176900 EUR
|
|
|
 |
The River Rush – My Bulgarian Property – RBP06
Brief: Houses for sale near Ruse
Area: 120 sq.m.
Price: 6000 EUR
|
|
|
 |
Where history meets nature – My Bulgarian Property – RUS6031
Brief: Houses for sale near Veliko Tarnovo
Area: 100 sq.m.
Price: 7600 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
|
|
|
 |
House in a village called "THE PALCE OF GOD" - Land in Bulgaria - RUS1209
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 7900 EUR
|
|
|
 |
Buy a new-built house, get an amazing nature park– My Bulgarian Property – RBP20
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 70000 EUR
|
|
|
 |
Getting closer to the sea - Bulgarian Property - VUS1202
Brief: Houses for sale near Varna
Area: 75 sq.m.
Price: 16500 EUR
|
|
|
 |
Astonishing rural property for sale - Land in Bulgaria - RUS1206
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 14900 EUR
|
|
|
 |
Only for smart investors – RUS1522
Brief: Restaurants & Bars for sale near Ruse
Area: 80 sq.m.
Price: 22000 EUR
|
|
|
 |
Great offer for holiday-home seekers - VUS1203
Brief: Houses for sale near Varna
Area: 85 sq.m.
Price: 14500 EUR
|
|
|
 |
Miracles happen - RUS1257
Brief: Houses for sale near Ruse
Area: 90 sq.m.
Price: 10600 EUR
|
|
|
 |
Between the 2 most beautiful cities in Bulgaria-RUS1403
Brief: Houses for sale near Ruse
Area: 60 sq.m.
Price: 5800 EUR
|
|
More Properties in Bulgaria >>
|
|
|
 |
|
|
|
| PROPERTY SERVICES |
|
|
|
|
|
| MORE SERVICES |
|
|
|
