Just came across this. Any comments regarding this in relation to CGT from Bulgaria to Ireland ?
CGT has been reduced to 10 % on the balance between the declared purchase price and the declared sale price minus 10 % (recognized by the law) as expenses that reduce the taxable profit.
BUT there will be no capital gains tax in Bulgaria if the following conditions are met:
- During the calendar year the person has sold only one real estate in BG.
- During the calendar year the person has sold up to 2 real estates but more than 5 years have passed since the person has acquired the estates in question.
CGT has been reduced to 10 % on the balance between the declared purchase price and the declared sale price minus 10 % (recognized by the law) as expenses that reduce the taxable profit.
BUT there will be no capital gains tax in Bulgaria if the following conditions are met:
- During the calendar year the person has sold only one real estate in BG.
- During the calendar year the person has sold up to 2 real estates but more than 5 years have passed since the person has acquired the estates in question.