TAX REGIMES FOR MERCHANT SHIPPING ACTIVITIES - PRACTICAL ASPECTS AND APPROACHES FOR COMPARISON

Desislava Yosifova

Scientific paper ID 2388 : 2023/3

TAX REGIMES FOR MERCHANT SHIPPING ACTIVITIES - PRACTICAL ASPECTS AND APPROACHES FOR COMPARISON

Desislava Yosifova

On the basis of the current legislation in Bulgaria and specific rules regulated in the Corporate Income Tax Act (CITA), this paper has a mainly applied research and analytical focus. Based on a developed basic hypothetical case study, different subsequent variations of financial data are developed and built upon. The aim is to investigate and demonstrate comparative results for a company undecided which tax regime for merchant shipping activity brings it higher tax advantages, respectively lower financial burden within the 5-year ”tonnage” tax period for Bulgaria.

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данък „нетен тонаж“; алтернативен и корпоративен данък; данъчни конкурентни предимства; корабно счетоводство (Shipping-Accounting); МСС/МСФО; НССnet tonnage tax; alternative and corporate income tax; tax competitive advantages; shipping accounting; IAS/IDesislava Yosifova

BIBLIOGRAPHY

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