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Tax Treaty between Bulgaria and Romania has Entered into Force

|Treaty Development|Bulgaria-Romania
Bulgaria-Romania

The new income tax treaty between Bulgaria and Romania entered into force on 29 March 2016. The treaty, signed 24 April 2015, replaces the 1994 tax treaty between the two countries.

Taxes Covered

The treaty covers Bulgarian personal income tax and corporate income tax, and covers Romanian tax on income and tax on profit.

Residence

If a company is considered resident in both Contracting St…

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