5 January 2015
The settlement of IPT with the tax authorities has changed from a monthly to a calendar quarterly basis i.e. settlement is made at the end of the month following the relevant quarter. This will take effect from 1 January 2015 in accordance with amendments to the Bulgarian IPT Act adopted on 19 December 2014. For the avoidance of doubt, the IPT return should continue to be filed on a quarterly basis i.e. there is no change.