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Bulgaria Publishes Law on Amendments to the Corporate Income Tax Act

|Approved Changes|Bulgaria
Bulgaria

On 6 December 2019, Bulgaria published the Law on Amendments to the Corporate Income Tax Act in the Official Gazette, which includes several changes as part of the 2020 tax reforms. Some of the important aspects of the law include:

  • The implementation of the exit tax measures of the EU Anti-Tax Avoidance Directive (ATAD1), which includes:
    • where a taxpayer transfers assets outside Bulgaria or c…

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