Bulgaria: Domestic Corporate Taxation
Property Taxes and Capital Gains
Capital gains realised on the sale of property or certain vehicles used for business purposes are subject to corporate income tax. The tax is levied on the difference between the selling price and either the purchase price or the market value of the item.
Tax is charged on immovable property at the rate of 0.15% of the value of the property. Tax is also payable on rental income from properties, although the first 20% is tax free. Where the owner of the rental property is not a Bulgarian resident, then a 15% withholding tax is imposed.