Bulgaria Cuts Deposit Interest Tax by 2 Pct Pts

Bulgaria Cuts Deposit Interest Tax by 2 Pct Pts

Bulgaria's Parliament passed amendments cutting the tax on interest earned from bank deposits from 10.0% to 8.0% as of next year, the Bulgarian National Television reported.
The Socialist-backed cabinet of Plamen Oresharski plans to further cut the tax rate by 2.0 percentage points annually until scrapping it altogether.
Bulgaria introduced a flat tax of 10% on interest earnings from bank deposits on January 1. Subject to the tax are deposit accounts in Bulgarian commercial banks and the branches of foreign lenders established in EU member states and non-EU countries part on the European economic area agreement.

Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.