author_orbitax
Orbitax

Share This Article

Bulgaria Consulting on Tax Law Amendments for 2025

26 September 2024

|

Proposed Changes

|

Bulgaria

Bulgaria's Ministry of Finance has announced the publication of tax law amendments for 2025 for public consultation, including amendments and supplements to the Corporate Income Tax Act, the Personal Income Tax Act, the Value Added Tax Act, and the Excise Duties and Tax Warehouses Act. Some of the main amendments/supplements include: Extending the tax incentives for investment in high unemployment areas until 2030; Updating the legislation for the Pillar 2 global minimum tax in line with the latest OECD administrative guidance; and Implementing the EU small business scheme for cross-border supplies, allowing small businesses in one EU Member State to...