Executive Summary
The Bulgarian Industrial Capital Association (AICB) submitted nine positions to the National Council for Tripartite Cooperation (NSTC) on the draft 2027 budget, advocating for expanded investment tax credits, VAT threshold preservation, accelerated depreciation for green assets, and Pillar Two clarity, while opposing social security hikes, gambling tax increases, and a digital services tax.
Secondary Regulatory & Regional Updates
- AICB Submits Nine Tax Positions for 2027 Budget: The Bulgarian Industrial Capital Association (AICB) presented positions to the National Council for Tripartite Cooperation (NSTC) covering extension of investment tax credits for high-value sectors, preservation of VAT registration threshold, rejection of social security contribution increases, accelerated depreciation for green/digital assets, legislative clarity on EU Pillar Two global minimum tax, opposition to gambling tax hike, R&D incentives, VAT cash accounting extension, excise stability, property tax relief, simplified transfer pricing for SMEs, opposition to digital services tax, support for tonnage tax regime, and administrative burden reduction. AICB Positions at NSTC
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.