A new income and capital tax treaty was signed by officials from Bulgaria and the United Kingdom on 26 March 2015. Once in force and effective, it will replace the 1987 income and capital tax treaty between the two countries, which is currently in force. Taxes Covered The treaty covers Bulgarian personal income tax and corporate income tax. It covers UK income tax, corporation tax and capital gains tax. Residence If a company is considered resident in both Contracting States, the competent authorities will determine the company's residence for the purpose of the treaty through mutual agreement. If the authorities...