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Tag Archives: Local Taxes and Fees Act
Inherited property taxes
Tax issues, related to inherited property can be considered in the light of acquiring inherited property, as well as of subsequent sale or exchange of the inherited property. Answers to these questions can be found in the Personal Income Tax … Continue reading
Posted in Taxes
Tagged inheritance tax, Inherited property, Local Taxes and Fees Act, Personal Income Tax Act
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Tagged inheritance tax, Inherited property, Local Taxes and Fees Act, Personal Income Tax Act
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Tax aspects of a donation to а Bulgarian citizen for the purposes of medical treatment
Every Bulgarian citizen, who needs treatment in Bulgaria or abroad, can receive donation from individuals or organizations, covering whole or part of the medical expenses.
Donation tax in case of written-off liabilities
The donation tax is determined by Local Taxes and Fees Act (LTF Act) and the tax scope generally includes transactions where items were acquired by donation.