New vehicles (exempt from tax on acquisitions) have to be considered those which simultaneously meet the following conditions:
• No more than 6 months from the date of the first registration of the vehicle have elapsed (including registration outside from Bulgaria);
• The meter of the vehicle shows no more than 6.000 km.
Property acquired upon donation between straight-line relatives and between spouses is exempt from tax.
5. TAX ON MOTOR VEHICLES
The regime of determination of the tax on load trucks whose technically allowed maximum weight is over 12 tons has been changed. The tax will be determined on the basis of the allowed maximum weight, type of suspension, number of pivot shafts.
This Tax Alert has been prepared by DELCHEV, SIMEONOV & PARTNERS for information purposes only and does not constitute legal advice. This information is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Readers should not act upon this without seeking professional counsel.