Bulgaria Government Voted 10% Corporate Tax on Gambling.

Bulgaria’s government decided to impose 10% corporate tax on national lottery and betting on Thursday. Bingo, lotteries and gambling will be imposed 12% corporate tax. Initially the government wanted to impose 10% corporate tax on all gambling games, lotteries, betting and bingo, but later the State Commission for budget and finance proposed to keep the current tax, which is 12 % on the national lottery and 8% on betting. Deputy Finance Minister Georgi Kadiev said at the plenary session tax collected from this field amounts around BGN 25 M for 2005.

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