Gambling Taxes Increased

Categories: Taxation in Bulgaria

The National Assembly of Bulgaria has approved the increase on all of the country’s gambling taxes to a unified rate of 15%.
On November 26th, the National Assembly of Bulgaria voted and approved amendments to the country’s Corporate Income Act, which will see levies on sports gambling, casino games, the lottery and any other gambling [...]

The National Assembly of Bulgaria has approved the increase on all of the country's gambling taxes to a unified rate of 15%. On November 26th, the National Assembly of Bulgaria voted and approved amendments to the country's Corporate Income Act, which will see levies on sports gambling, casino games, the lottery and any other gambling activity being taxed at 15% of their annual revenue. Also, quarterly taxes on gambling machines will be set at BGN 500 (approx EUR 250) , while a ... Read More