Taxation in Bulgaria

Taxation
An aspect of fiscal policy
Policies Government revenue Tax revenue Non-tax revenue Tax law Tax bracket Tax threshold Exemption Credit Deduction Tax shift Tax cut Tax holiday Tax advantage Tax incentive Tax reform Tax harmonization Tax competition Double taxation Representation Unions Medical savings account Tax, tariff and trade
Economics Price effect Excess burden Tax incidence Laffer curve Optimal tax Theory Optimal capital income taxation
Collection Revenue service Revenue stamp Tax assessment Taxable income Tax lien Tax refund Tax shield Tax residence Tax preparation Tax investigation Tax shelter Private tax collection Tax farming
Noncompliance Tax avoidance Tax evasion Tax resistance Tax haven Smuggling Black market Transfer mispricing Unreported employment Tax shelter
Distribution Tax rate Progressive Regressive Proportional
Types Direct Indirect Per unit Ad valorem In rem Capital gains Carbon Consumption Dividend Ecotax Excise Georgist Gift Gross receipts Income Inheritance (estate) Land value Payroll Pigovian Property Sales Sin Single Stamp Steering Turnover Value-added (VAT) Corporate profit Excess profits Windfall profits Negative (income) Flat
International Financial transaction tax Currency transaction tax Tobin tax Spahn tax Tax equalization Tax treaty European Union FTT
Trade Custom Duty Tariff Import Export Tariff war Free trade Free trade zone Trade agreement
Religious Church tax Eight per thousand Teind Tithe Fiscus Judaicus Leibzoll Temple tax Tolerance tax Jizya Kharaj Khums Nisab Zakat
By country List of countries by tax rates Tax revenues as %GDP Albania Algeria Argentina Australia Azerbaijan Bangladesh Bhutan Bulgaria Canada China Colombia France Germany Greece Iceland India Indonesia Iran Ireland Israel Italy Japan Kazakhstan Lithuania Namibia Netherlands New Zealand Norway Pakistan Palestinian territories Peru Philippines Poland Russia Singapore South Africa Sweden Switzerland Tanzania United Kingdom United States Uruguay

Taxes in Bulgaria is collected on both state and local level. The Most important taxes are collected on federal level, these taxes include an income tax, social security, corporate taxes and value added tax. On local level property taxes well as various fees are collected. All Income earned Bulgaria is taxed on a flat rate of 10%^[1] Employment income earned in Bulgaria is also subject to various social security insurance contributions. Totally the employee pay 12.9% and employer contribute what correspond to 17.9%.^[2] Corporate income tax is also a flat 10%. Value-Added Tax apply at a flat rate of 20% on virtually all goods and services. A lower rate of 9% apply on only hotel services.^[3]

Bulgarian state taxes are administered by the National Revenue Agency (NRA). The National Assembly have the power to lay and collect Taxes, Duties, Imposts, and Excises. The municipal council shall determine the size of local taxes.^[4]

History

Taxation in Bulgaria has shifted depending on which government was in control. Under Ottoman Empire control of Bulgaria, Christian citizens were subject to a tax called the dhimmi, levied by the Ottoman authority. During the soviet eras planned economy, taxation was similar to that of the rest of the Soviet, often with a turnover tax and taxes on government run businesses. After the end of the soviet era, large privatization took place and the turnover tax was replaced with an ordinary Value-Added Tax.

References

↑ "Your Europe". Bulgaria income tax rules. Check date values in: |date= (help)
↑ "KPMG". Social security contributions rate bulgaria. Check date values in: |date= (help)
↑ "Germania". VAT rate in Bulgaria. Check date values in: |date= (help)
↑ CONSTITUTION OF THE REPUBLIC OF BULGARIA. Art. 141. (3) The municipal council shall determine the size of local taxes under conditions, by a procedure and within the frames, established by law. (4) The municipal council determine the size of local charges by a procedure, established by law.

External links

Bulgarian National Revenue Agency website

Taxation in Europe

Sovereign states	Albania Andorra Austria Azerbaijan Belarus Belgium Bosnia and Herzegovina Bulgaria Croatia Czech Republic Denmark Estonia Finland France Georgia Germany Greece Hungary Iceland Ireland Italy Kazakhstan Latvia Liechtenstein Lithuania Luxembourg Macedonia Malta Moldova Monaco Montenegro Netherlands Norway Poland Portugal Romania Russia San Marino Serbia Slovakia Slovenia Spain Sweden Switzerland Turkey Ukraine United Kingdom

States with limited recognition	Abkhazia Kosovo Transnistria

Other entities	European Union