OrbitaxTax package for 2014 – proposal published
|Proposed Changes|Bulgaria
On 17 September 2013, the Ministry of Finance published the proposals for the amendments of a number of tax laws which are expected to enter into force as of 1 January 2014. The proposed amendments are summarized below.
Corporate Income Tax Act (CITA)
| - | Regarding the implementation of the Interest and Royalties Directive (2003/49), the advance application of a reduced rate of 5% withholding tax on interest and royalties income o… |