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Bulgaria Draft Budget Bill for 2021 Submitted in Parliament

30 October 2020

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Proposed Changes

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Bulgaria

Bulgaria's draft Budget Bill for 2021 was submitted in parliament on 27 October 2020 following its approval by the Council of Ministers on 21 October. The main tax measures of the draft bill include the following: A permanent change in the annual corporate income tax return deadline from 31 March to 30 June of the following year (30 June deadline provided in 2020 due to COVID-19); A permanent change in the annual individual income tax return deadline from 30 April to 30 June of the following year (30 June deadline provided in 2020 due to COVID-19); Changes in the requirements...