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Exemption of inbound and outbound dividends to/from EEA enacted

|Approved Changes|Bulgaria
Bulgaria

On 5 August 2008, the Official Gazette No. 69 published the amendments to the Corporate Income Tax Law, which will enter into force as of 1 January 2009. The parliament adopted the proposal with no changes.

Accordingly, no withholding tax will be levied on outbound dividends distributed to companies and other entities, which are resident in other EEA states. Inbound…

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