Bulgarian Firms To File Tax Declarations Online

Tax declarations under the Excise Duties and Tax Warehouses Act will be submitted online by businesses. The decision was adopted at second reading by Parliament. It is part of the amendments to the excise law.
Firms, however, unlike natural persons, will not be able to have a discount on the annual corporate tax owed. Natural persons have a 5% discount when submitting their annual tax declarations.
Deputies also voted that the annual tax declaration of natural persons must be submitted by April 30 of the year following the year when the income was accrued.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
- » PRWeek named Maxim Behar the Best PR Professional in Europe
- » Bulgaria: 28% of People of Working Age are out of the Labor Market, Unemployment is 4.9%
- » Bulgaria is among the Seven Countries with Growth in Car Sales for the Quarter of 2022
- » Goldman Sachs has lowered China's Growth Forecast for 2022 to 4%
- » Cherries from Greece and Turkey are expected to Flood the Market in Bulgaria
- » Bulgaria: Annual Inflation in April was 14.4%