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Bulgarian Parliament Considering New Penalties for Underpayment of Withholding Tax Where Grounds for Tax Treaty Benefits are Not Certified

|Proposed Changes|Bulgaria
Bulgaria

The Bulgarian parliament is considering a draft bill submitted on 21 October 2020 that contains various measures, including measures for the introduction of new penalties in relation to the payment of withholding tax and certifying the grounds for the application of a tax treaty. As consulted on earlier, this includes that for persons that fail to pay or underpay withholding tax by the deadlin…

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