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Bulgaria to Introduce Incentives for Electric Vehicles and R&D

|Proposed Changes|Bulgaria
Bulgaria

Bulgaria's National Assembly (parliament) is considering a draft law submitted on 13 January 2026 that includes amendments and supplements to the Corporate Income Tax Act. The draft law provides:

  • An accelerated annual depreciation rate of 50% for electric vehicles; and
  • An additional 25% deduction for qualifying R&D expenses (125% total deduction), which must not be funded by public aid, a…