Bulgaria gave support to the 15% global tax profit

July 11,2021-7:02 AM
Bulgaria became part of a total of 130 countries that supported the introduction of a global corporate tax in 2023. The initiative was launched by the G7 and will affect corporations with a global turnover of over 20 billion euros. If such a corporation has a turnover of more than 1 million euros in a given jurisdiction, it will pay tax where the turnover is realized. Companies with a turnover of less than 20 billion euros will pay corporate tax as before.

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