interest rates on deposits in Bulgaria, real people will be subject to tax at 10 per cent from 2013. Change in the law enacted by Parliament with the Treasury is estimated that 120 million leva will be provided additional income. Taxable only in certain time deposits held in banks that deal, with unlimited time deposits will be exempted from the law.
10 per cent of the tax expected to apply to interest expense is expected to affect all social sector. In the country by the end of June 32, 4 billion leva deposits are funds. 10 per cent of the population according to data from the Ministry of Finance, has deposits of over 20 thousand leva. The Ministry of 2013, before the deposit agreement will be kept of those who said that tax-exempt interest rate to be applied. Law enters into force from the new year as an income tax liability-free income from the stock exchange will be just.
Tax Finance Minister Simeon Dyankov during the project proposal,"real people and traders by 10 percent in Bulgaria tax is applied. This is the lowest rate within the EU. interest rates, tax exempting an exception. now very few people will be affected, because those usually are rich deposits of banks."he said.