Nexo Bulgaria

The NEXO scandal brings bad news for the “regular tax dodgers” The people in Bulgaria are very well aware of the scandal that unveiled in recent weeks with the crypto platform Nexo. For those who are not aware of what happened though, as reported by Reuters, four Bulgarian nationals haveContinue Reading

tax audit in Bulgaria

The decisions of the Supreme Court, the importance of “intention” and “knowledge” and why a professional tax audit is a must… Negligence by many foreigners about their tax responsibilities in Bulgaria Foreigners doing business in Bulgaria often underestimate the consequences of fiscal non-compliance. Many tend to believe that eventual non-paymentContinue Reading

tax inspection Bulgaria

The hardest thing in the world to understand is the income tax. Albert Einstein Taxes in Bulgaria – what to do when you get the taxman knocking on your door Everyone knows already that Bulgaria applies the lowest EU tax rate – 10% only. Both companies and individuals pay theContinue Reading