PRACTICES OF BULGARIAN SHIPOWNERS IN CHOOSING A CORPORATE TAX REGIME - ANALYTICAL OVERVIEW

Desislava Yosifova

Scientific paper ID 2389 : 2023/3

PRACTICES OF BULGARIAN SHIPOWNERS IN CHOOSING A CORPORATE TAX REGIME - ANALYTICAL OVERVIEW

Desislava Yosifova

Insofar as the applicable tax legislation, both in the EU (including the Republic of Bulgaria) and globally, allows only the activity related to merchant shipping on a voluntary basis to be taxed with an alternative tax instead of a corporate tax, this paper provides an overview of the tax options applied by shipping companies operating at sea.

It examines the practices of maritime shipowning companies that are members of the industry body Bulgarian Shipowners` Association, based on an in-depth examination of data formally presented in the relevant companies` annual financial statements (AFRs) over a 5-year period 2018-2022. Different alternatives have also been developed and analysed in

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алтернативен и корпоративен данък; ЗКПО; български корабопритежатели; данък „нетен тонаж“; МСС/МСФО; НСС; данъчни конкурентни предимстваalternative and corporate income tax; Bulgarian shipowners; net tonnage tax; IAS/IFRS; NAS; tax competitive advantagesDesislava Yosifova

BIBLIOGRAPHY

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( [1] Годишни финансови отчети на Параходство БМФ АД, за периода 2018-2022 г. )

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[4] Zakon za korporativnoto podohodno oblagane, v sila ot 01.01.2007, DV. br.105 ot 22 Dekemvri 2006g., posl. izm. DV. br.104 ot 30 Dekemvri 2022g.
( [4] Закон за корпоративното подоходно облагане, в сила от 01.01.2007, ДВ. бр.105 от 22 Декември 2006г., посл. изм. ДВ. бр.104 от 30 Декември 2022г. )