Taxes on Income, Profits and Capital Gains (As % of Revenue) in Bulgaria

Taxes on income, profits and capital gains as a share of revenue reached 15.9 % in 2016 in Bulgaria, according to the National Statistical Office. This is 3.69 % more than in the previous year.

Historically, taxes on income, profits and capital gains as a share of revenue in Bulgaria reached an all time high of 37.9 % in 1991 and an all time low of 9.79 % in 2002. When compared to Bulgaria's main peers, taxes on income, profits and capital gains as a share of revenue in Greece amounted to 18.8 %, 20.2 % in Romania and 17.2 % in Turkey in 2016.

Bulgaria has been ranked 85th within the group of 111 countries we follow in terms of taxes on income, profits and capital gains as a share of revenue, 8 places above the position seen 10 years ago.

Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realised or not, on land, securities, and other assets.

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