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corporate tax

The incorrect implementation of the global minimum tax in Bulgaria

| Full text of the analysis | Bulgaria introduced the rules for imposing a global minimum tax on large multinational and national groups of enterprises at the very end of 2023. This happened after the traditional long delay in the Bulgarian legislative process, lack of open public discussion and changes in the voted texts "on ...

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Three fiscal ideas for Budget 2020

With the arrival of autumn comes the budget season in the country. The draft budget for the next year (or at least its final touches) is always prepared in October and published towards the end of the month, and every time we from EKIP evaluate it...with great disappointment. This time we decided to take matters into our own hands and …

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How to do tax reforms? A universal recipe for developing countries

tax reforms

Author: Yaroslav Romanchuk, economist and politician from Belarus, president of the Scientific Research Mises Center. (The text is Romanchuk's recommendation for tax reform in Ukraine) The world is rapidly developing in the direction of breakthrough technologies of the IV industrial revolution. Since the end of 2010, communication between people has been fundamentally different from before …

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Why should we NOT raise dividend tax?

dividend tax

Last week, the Confederation of Bulgarian Trade Unions (CITUB) announced a proposal for restructuring the tax system in Bulgaria, which includes 9 measures for “fairer” taxation. Of course, coming from their side, “fairness” means an increase in the tax burden. The unions are proposing a number of reforms to the system, most of which are the introduction of new and increases in old taxes – …

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EKIP in the media about corporate tax, Budget 2019 and urban planning of Sofia

October was another month in which the TEAM actively participated in the public debate in Bulgaria. Our experts were sought after by the media on a variety of political and economic topics, and our report calling for the abolition of the corporate tax enjoyed particular interest. In the first week of October, the presentation of …

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Ep. 33: Why should we abolish corporate tax?

Links: EKIP Tax Reform Proposal For greater convenience, we recommend downloading the podcast audio by clicking the “Download” button in the player above. Don’t forget to like and share on Facebook and write a comment with your opinion and/or criticism about this episode! This way you help us grow …

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Bulgaria DOES NOT have the lowest taxes in the European Union

Author: Stefan Stoyanov It is widely believed that Bulgaria has the lowest taxes in the European Union. This perception is formed by comparing the rates, especially of Corporate Tax and Income Tax, with the corresponding rates in countries such as Germany or Denmark. But neither of these countries are representative of the entire European Union, …

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