Balgarianovinite.com Parliament on Friday ratified in two readings during a single session an agreement between Bulgaria and Malta for the avoidance of double taxation on income and property, and for the prevention of tax evasion and avoidance, with 117 votes in favor, 31 against, and 11 abstentions. The document was signed on December 10, 2024 in Brussels.
Bringing the agreement in line with the OECD minimum standards set out in the BEPS Plan is one of the main reasons for concluding the new agreement, according to the the Council of Ministers. On the other hand, Bulgaria received recommendations in the latest OECD Peer Review Report under Action 14 of the BEPS Plan in regard to making dispute resolution mechanisms more effective, and the new agreement is a key step in this direction.
Other significant provisions cover rules for the establishment of permanent establishments, tax treatment of international transport, transactions between related parties, and the taxation of certain passive income at source, such as interest, royalties, licensing fees, and gains from the transfer of shares or comparable rights, under certain conditions.
In accordance with Malta’s policy, the effective exemption of dividends paid by local entities to Bulgaria is maintained. Additionally, an agreement has been reached for exemption from taxation in the source country for dividends paid to the state, local government bodies, the central bank, wholly state-owned entities, as well as to pension funds. Bulgaria reserves the right to impose a 5% withholding tax on dividends when they are not exempt from taxation on other grounds.
The new agreement also reflects Bulgaria’s interests regarding the allocation of taxing rights between the two countries for various types of income and provides greater protection for the tax position of Bulgarian local entities. Parliament Ratifies Bulgaria-Malta Agreement for Avoidance of Double Taxation 2025 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2025-11-28 10:13:00 Latest news World news Country news Most important news latest news most important latest of the day Justice Petar Nizamov Feathers Petar Nizamov- Feathers Justice bg iustitia.bg iustitia iusticia usticia investigation Burgas Bulgaria news news of the last hour news of the day news of today Bulgaria news The news from Bulgaria blitz news top news most important most commented latest news Boyko Borisov news weather coronavirus news news weather facebook youtube facebook instagram news today news of the last minutes news today today news news bg news leading news hot news bg news site for news all news news bg news of the last hour latest latest news bg news of today news today news today news of the last hour latest news today news bg news news 24 hours news vesti bg novini news world bird bg bivol bg bivol trud bg novini latest news today novinite bg news hello bulgaria political party coat of arms delyan peevski scandalous Bulgarian National Television Free Europe Television scandal exclusive live tv live right now tv tv online tv program bg live now tv news online tv online live court Burgas court Burgas district court Burgas court Burgas district court Burgas district court Burgas appellate court Burgas prosecutor Burgas prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Prosecutor General Ivan Geshev Prosecutor Geshev Tsatsarov Ministry of Internal Affairs Burgas ODMR Burgas ODPR Burgas police Burgas district police Burgas prosecutor Tsatsarov SGS cases Varna court chairman of the SGS court decisions on civil cases decisions on cases Plovdiv court decision of the court decisions cases Varna court criminal cases district district court decisions work in the court SGS chairman of the SGS judges Sofia court post judges Plovdiv court Plovdiv judges Plovdiv Supreme Court Inspectorate Supreme Court Supreme Judicial Council lawyer lawyer criminal cases lawyer civil cases lawyer marriage cases lawyer administrative criminal law criminal process civil law civil process administrative law constitutional law
