1. Introduction: What is the “Weekend Tax” in Bulgaria? In modern business practice in Bulgaria, it is common for companies to acquire assets such as passenger cars, real estate, mobile
According to VAT car is a car in which the number of seats the driver does not exceed 5. The fuel expenses for a car classified as maintenance costs repair
Companies which accounted representative expenses are subject to tax 10%. Representative expenses are considered: – Costs associated with the activity of the company for example: organizing business events, buying food
Value Added Tax 1.1.The tax rate is 20 percent for: – taxable supplies, unless expressly specified as being subject to a zero-tax rate – import of goods on the Bulgarian
