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Withholding tax – amendments adopted by parliament

|Approved Changes| Bulgaria
 Bulgaria

On 30 November 2010, the amendments to withholding taxation were published in the Official Gazette No. 94. The amendments will enter into force on 1 January 2011. The most important changes are summarized below.

Corporate

(a) Interest and Royalties Directive. Bulgaria avails of an 8-year transitional period for implementing the EU Interest and Royalties D…

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