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Bulgaria: Gambling tax set to rise to 12%

4 November 2009

BULGARIA -- Gambling tax in Bulgaria is set to rise from 10 to 12% when amendments to the corporate income tax act are introduced early next year, reports

The intention is to create parity in tax rates across gambling games and substantially increase government revenue.

The proposed increase have passed the first reading by parliament, though some MPs desired a bigger increase in the tax rate, according to

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