Bulgaria: What Taxpayers Need to Know After the Euro Changeover
The annual campaign for filing personal income tax returns under Article 50 of the Personal Income Tax Act is underway
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National Revenue Agency office. Photo by bnr.bg.
Significant increase in taxes collected from rental income was reported by Bulgaria's National Revenue Agency, Nova TV informs.
In 2013, some 115 000 Bulgarians have paid taxes to the state for having tenants. Their income reached nearly BGN 0.5B.
According to NRA's spokesman Rosen Bachvarov, the agency has carried out a number of audits, and there has been a tendency for an increase in voluntarily reported rental income, as well.
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