The document, which is called "Tax Preferences and Preferential Tax Regimes – Review 2017", was published on the website of the Ministry of Finance on May 22, 2017.

Its goal is to increase the transparency of public finances and raise public awareness of the system Tax preferences and exemptions during the relevant financial year. The development and publication of the document is also intended to assist taxable persons in the practical application of existing regulations in this area. Also, the document is aimed at Informing foreign citizenswho plan to participate in investment projects on the territory of the Republic of Bulgaria.

The document includes all existing tax preferences, tax breaks and preferential regimes established by the Law on Value Added Tax (VAT), the Law on Excise Duties and Tax Warehouses (ZAD), the Law on Corporate Income Taxation (ZKPO), the Law on Personal Income Taxes (LA). The explanation to the document on the MoF website also states that the system of tax preferences in Bulgaria includes various kinds of concessions, the purpose of which is to stimulate foreign direct investment and Innovation, level up employment, stimulate the development of certain regions and strategic industries, and achieve certain social goals.

The published document examines in detail the measures and norms that have existed for a long time, as well as all the innovations in this area adopted in recent years. You can download the document on the website of the MC "Window to Bulgaria" at this link.

MC "Window to Bulgaria"
okno.migrateka.com/