Bulgaria approves draft DTA initialled with Switzerland

August 08, 2012

On July 25, 2012, the government of Bulgaria approved the draft double taxation agreement (DTA) initialled between Bulgaria and Switzerland on November 28,

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Reduced VAT in 2013 in Bulgaria

December 29, 2011

The Bulgarian government announced that it will reduce the nation’s value-added tax by 1% in 2013 with a target of reaching 16% by 2015. The government said that in order to freeze the excise duty hikes until 2015, a cut from the current 20% rate

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