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Bulgaria: tax package for 2019 published in State Gazette


On 27 November 2018, the amendments to the Bulgarian tax legislation applicable as of 1 January 2019 were published in State Gazette. The main amendments concern the following topics:

  • Tax treatment of operating lease agreements for corporate income tax purposes.

  • Amendments to thin capitalization rule.

  • New interest limitation rule (implementation of Council Directive 2016/1164 known as ATAD Directive).

  • Introduction of control foreign company rule (also implementing the ATAD Directive).

  • New VAT treatment of vouchers (implementation of Council Directive (EU) 2016/1065).

  • Postponed accounting of VAT on importation of certain goods (as of 1 July 2019).

  • Introduction of VAT thresholds for B2C cross-border supplies of digital services within the EU.

  • New concept for calculation of the local vehicles tax.

  • Amendments related to reliefs under the Personal Income Tax Act.

  • Various changes to Excise Duties and Tax Warehouses Act.


For detailed discussion on the above amendments and the practical implications for your business, you can contact Dr. Svetlin Krastanov at or +359 899 566 277.

Dislcaimer: The above publication provides a general overview of the discussed topic and is not a tax advice. The author and Tax Academy Ltd. cannot be held responsible for damages or missed opportunities resulting from taking or not taking actions based on the above article.

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