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Bulgaria will have the lowest corporate profit tax in the EU – A Financial Heaven for Business?

Bulgaria will have the lowest corporate profit tax in the EU – A Financial Heaven for Business?

10/13/2006 12:31:39 PM

Bulgaria will have the lowest corporate profit tax in the EU – higher interest in investments expected

The corporate profit tax going down to 10% in the year 2007 – that was the decision of BG Parliament unanimously. This way, Bulgaria together with Cypress is going to have the lowest rates of corporate profit taxation in the whole of EU.

That will influence positively investments in our country and the development of BG economy, according to the financial expert Stoyan Alexandrov. The initial predictions were the profit tax to go down to 15% or even 12% but finally MPs decided it to be decreased to 10%.

 SPYRIDONOVDEN (St. Spyridons Day)
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12/12/2018 9:00:00 AM
Name day of everyone named Spyridon or Spiro.
ANINDEN (St. Anna’s Day - the Conception of the Holy Mother of God by Saint Anna)
Name day of everyone named Anna, Ana, Anita, Aneta, Anette.
38 years ago John Lennon was killed on that day...
Former Beatle John Lennon has been shot dead December 8th, 1980, by a gunman he did not know, who opened fire outside the musician's New York apartment.
December 8th - the Day University Students celebrate as their feastday
The start of that special feast goes back to the 1920, and is connected to the then-only BG University - the Sofia University St Kliment Ohridski.
212 years of the first early Bulgarian printed book
In 1806 the first early Bulgarian book Nedelnik (Kiriakodromion) written by Sofronii of Vratsa was printed.
NIKULDEN (St. Nicholas the Wonderworker)
Name day for everyone named Nikola, Nikolay, Kolyo, Nikolina, Neno, Nenka, Nikolina, Nina.
ST. SAVA (also: St. Savva or St. Sabbas the Sanctified)
Name day of everyone named Sava, Slavka, Slav, Vladislav, Slavi.
ST. VARVARA (St. Barbara) - December 4
Name day of everyone named Varvara, Barbara.
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The ends of the red ribbon are pointed to the ground today, symbolizing the life that is disappearing.
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Name day of everyone named Andrey, Andriana (the name has the meaning “masculine”, therefore “strong”).