Search results
Results from the WOW.Com Content Network
Taxes in Bulgaria are collected on both state and local levels. The most important taxes are collected on state level, these taxes include income tax, social security, corporate taxes and value added tax. On the local level, property taxes as well as various fees are collected. All income earned in Bulgaria is taxed on a flat rate of 10%. [1]
Document duty charged on real estate transfers from estates performed by a Guernsey Advocate: Taxation in Sark Saudi Arabia [193] 2.5% (fully Saudi national owned businesses), 2.5-15% (taxed at Zakat rate 2.5% for the Saudi percentage of ownership, 15% for all other ownership) 0% 15% (standard rate) 5% (real estate transactions rate)
Taxes: Retirement income is subject to taxation in Bulgaria. The country’s personal income tax rate is a flat 10% . Real Estate Restrictions: Expats can purchase property in Bulgaria, but they ...
Inheritance tax or estate tax is the tax levied upon the wealth of a person at the time of their death before it is passed on to their heirs. [1] [2] [3] List.
The administration of real estate tax is handled by the municipality in whose territory the real estate lies. In cities with multiple city districts, the tax administration of real estate tax is handled by the department of local taxes and fees and not by the city districts. For example, Bratislava or Košice. [54]
Bulgaria has some of the lowest corporate income tax rates in the EU at a flat 10% rate. [213] The tax system is two-tier. Value added tax, excise duties, corporate and personal income tax are national, whereas real estate, inheritance, and vehicle taxes are levied by local authorities. [214]
The real estate market, although not plummeting, ground to a halt and growth was significantly lower in the short-to-medium run. During 2009, the grim forecasts for the effects of the Great Recession on the Bulgarian economy largely materialized. Although suffering less than the worst-hit countries, Bulgaria recorded its worst economic results ...
Each week, AOL Real Estate probes the corners of the Web to bring you offbeat dispatches from the world of real estate. This week brought word of two curious crimes against tenants and reports of ...