Inheritance taxes in Bulgaria.

Written By KORYTKOS

Bulgaria

 

Inheritance taxes in Bulgaria are relatively low and simple to understand. Residents of Bulgaria are subject to inheritance taxes on property located in Bulgaria and abroad. Non-residents are subject to inheritance taxes only on property located in Bulgaria.

There are three different categories of taxation on amounts received in excess of BGN 250,000:

  • 0% for direct heirs (child, spouse, parents)

  • 0.4% to 0.8% for brothers and sisters, nieces and nephews (on sums in excess of 250,000 leva (approximately 128,000 euros)

  • 3.3% to 6.6% for other beneficiaries (on sums greater than 250,000 leva (approximately 128,000 euros)

In France, the tax rate varies between 5 and 45% despite an allowance of €100,000

For more information, please do not hesitate to contact us

KORYTKOS https://korytkos.com
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