OrbitaxBulgaria Approves New Penalties for Underpayment of Withholding Tax Where Tax Treaty Benefits are Not Certified and Other Penalty Provisions
|Approved Changes|Bulgaria
On 11 December 2020, Bulgaria published in the Official Gazette the Law on Amendments to Tax and Social Insurance Procedure Code, which contains measures for the introduction of new penalties in relation to the payment of withholding tax and certifying the grounds for the application of a tax treaty. This includes that for persons that fail to pay or underpay withholding tax by the deadline fo…
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