Bulgaria's Ministry of Finance has launched a public consultation on a draft bill amending the tax incentive scheme for investments in high unemployment municipalities, which includes up to a 100% corporate income tax deduction for qualifying investments by manufacturing companies operating in high unemployment municipalities (25% higher than national average). The deadline for comments is 5 October 2022. The draft bill primarily includes amendments to comply with the EU Guidelines on Regional State Aid (2021/C 153/01) that apply from 1 January 2022, including that the incentive scheme is limited to micro, small, and medium-sized enterprises (SMEs). Further, the scope of...