On 26 October 2007, Bulgaria and Estonia initialled a first-time income tax treaty. It is expected that the treaty will be signed next year. Estonia is the only EU Member State with which Bulgaria does not have a tax treaty.
The initialled version provides for:
| - | exemption method for the avoidance of double taxation, except in cases of passive income, where the credit method would be applied; and | |
| - | … |