Bulgaria: Tax return, tax payment deadlines postponed (COVID-19)
Bulgaria: Tax return, tax payment deadlines postponed
Tax relief measures in response to the coronavirus (COVID-19) pandemic provide for postponed tax return filing and payment deadlines.
- The deadline for filing the annual corporate income tax return and for the payment of taxes is extended until 30 June 2020.
- The deadline for filing the annual individual (personal) income tax return and for the payment of taxes by traders and sole proprietorships is extended to 30 June 2020. Moreover, persons may be entitled to a 5% deduction (similar to a discount mechanism) if they file their tax returns and remit the tax payment by 31 May 2020.
- The deadline for filing the annual individual income tax return for all other individual taxpayers remains unchanged at 30 April 2020. The 5% deduction is available for these individuals until 31 March 2020.
- A discount of 5% is granted to persons who have fully paid the real estate tax or the vehicle tax for 2020, if paid by 30 June 2020.
Read a March 2020 report [PDF 66 KB] prepared by the KPMG member firm in Bulgaria
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