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Bulgaria Consulting on Amendments to Incentive for Investment in High Unemployment Municipalities

|Proposed Changes|Bulgaria
Bulgaria

Bulgaria's Ministry of Finance has launched a public consultation on a draft bill amending the tax incentive scheme for investments in high unemployment municipalities, which includes up to a 100% corporate income tax deduction for qualifying investments by manufacturing companies operating in high unemployment municipalities (25% higher than national average). The deadline for comments is 5 October 2022. The draft bill primarily includes amendments to comply with the EU Guidelines on Regio…

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