![]() HomePage | Contact Us | About Us |
|
|
Bulgaria Tax Rates 2009There are no significant changes in 2009, compared to 2008. The Bulgarian corporate income tax rate for 2009 is 10%. Individuals too pay a flat 10% tax on their income. The standard V.A.T rate in 2009 is 20%. There is also a reduced V.A.T rate of 7%. From 1.1.2009 the double taxation tax agreement with the U.S. is in effect. The tax treaty relates to maximum tax withholding rates for payments between the two countries. The treaty sets measures regarding tax avoidance as well. 2008 Income Tax Rates -BulgariaFrom 1.1.2008 Bulgaria has a new 10% flat tax rate for individuals, replacing the 10%-24% tax rates in 2007. The Bulgarian 10% corporate tax rate for 2008 remains the same as in 2007. The VAT rate in 2008 is 20%, the same as in 2007. Bulgaria USA Tax TreatyBulgaria and the USA signed on 23.2.2007 the first tax treaty between the 2 countries. Bulgaria Corporate TaxFrom 1.1.2007 the new Bulgarian corporate tax rate is 10% ,compared to the previous tax rate of 15%. The new tax rate is one of the lowest in the EU. Bulgaria Property TaxFrom 1.1.2006 Bulgaria property tax will increse by 30% in Sofia and other major cities in Bulgaria. Bulgaria Income TaxFrom 1.1.2005 the new Bulgaria corporate tax rate is 15%(previous rate-19.5%). The top marginal tax rate for individuals in Bulgaria is 24%(2004-29%). Bulgaria Income TaxFrom 1.1.2004 the new corporate income tax rate in Bulgaria is 19.5%(previous rate-23.5%) |
© All copyrights reserved