Changes in Law for Local Taxes for 2024
• The group of persons subject to patent tax now also includes legal entities that operate a restaurant, catering establishment or bar. The requirement for this type of establishment is that they have up to 3 stars, a turnover of less than BGN 100,000 and are not registered under the VAT Act. These persons are no longer subject to taxation under the Corporate Income Tax Act and the Income Tax Act, with the exception of withholding taxes under the Corporate Income Tax Act.
• From March 1, 2024, individuals operating dining and entertainment establishments with categories of two, three, four, or five stars are required to provide payment options via POS (Point of Sale) terminals.
