Sunday, 23 June 2013

Final tax for the organizers of gambling games (Bulgaria)

1. The tax on the gambling activity related to lotto, sports and horse/dog races betting, random events betting and betting related to knowledge of facts (quizzes with bets), including gambling activities that are organized remotely

==> This tax is paid by: the organizers of lotto games, sports and horse/dog races betting, random events betting and betting related to knowledge of facts, including gambling activities that are organized remotely

==> Tax base: the amount of the bets made for each game.

==> Tax rate: 15 per cent.


==> Declaring the tax: the tax is declared electronically (using a qualified electronic signature) with a tax return as per template within 7 days from determining game’s outcome.