en | hu | ru | bg | ro | tr FacebookTwitterGoogle+LinkedInYouTubeInstgram
+40-21-311-6176
ȘTIRI

Consultatie gratuita
Abonati-va la buletine
Cerere de contactare
Descarcati brosuri
Solicitati o brosura
Buletine
5 Minute de Offshore
De ce LAVECO?
Cum se comanda o companie de la LAVECO Ltd.?
Știri recente
Ratele de schimb valutar: USD/1 unitate
2018.11.15
HUF 0.0036
GBP 1.3143
CHF 1.0038
RUB 0.0152
HKD 0.1277
JPY 0.0088
CNY 0.1446
CAD 0.7648
AUD 0.7293
BRL 0.2668
EUR 1.1487

ȘTIRI

Bulgaria Plans New Corporation Tax Break


14/10/2013

Bulgaria's Government has announced plans to expand a tax break for manufacturing employers based in areas of the country with high unemployment. Currently, companies based in areas in which unemployment is 35 percent higher than the national average do not have to pay corporation tax, and the new break would lower this threshold to 25 percent while introducing new conditions.

Under the plans, an eligible company must have at least ten employees, and at least half must be involved directly in the manufacturing process. Further, at least 30 percent of the employees must have their permanent residence in one of the municipalities covered by the concession.

The exemption is being introduced through changes to Bulgaria's Corporate Law, which the Government has now submitted to Parliament. If accepted, the move will then have to be approved by the European Commission.

www.taxnews.com

Related jurisdictions:
Bulgaria
Top