It’s final -  as of 2024 Bulgaria will start applying the 15% minimum tax for multinational companies (OECD Pillar 2) with only partial carve-out of the exemptions under the Directive for the domestic top-up tax, despite the pressure by the international business in that direction.

Stay tuned on how this will play out for Bulgaria’s EU competitive image in the next couple of years.

But first – ‘tis the Season, time for the close ones!

Happy Holidays from DGKV Tax Team!