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HOW CAN YOU HELP? If you want to help us please make a money transfer to one of the following bank accounts: BULBANK - Head Office 7 Sveta Nedelya Sq. 1000 Sofia Bulgaria Tel. +3592/923 2111 Fax. +3592/988 4636 Telex. 22031 IN FAVOR OF: BULBANK - Head Office BANK CODE: 62176307 BULBANK SWIFT: BFTBBGSF FOR FINAL CREDIT OF: SASHO MITKOV ASENOV ACCOUNT NUMBER: USD 1175586863 EURO 1475631259 If you have made a donation and would like some form of formal receipt or update by e-mail on Sasho's progress please e-mail us and notify us that you require some formal receipt. If we do not receive an e-mail we will assume you have made the donation anonymously. THANK YOU!!! TAX CONCESSIONS FOR PHYSICAL PERSONS The Physical Persons Income Taxation Act provides for a tax concession of 10 percent of the taxable income in case of a donation. Who can benefit from tax concessions? • persons receiving an income according to a labour contract and a related status ( Art .20, Para . b ) • free lance persons and other persons engaged in managerial activities ( Art. 22, Para 1, item 4) • persons receiving an income from rent or a lease ( Art. 25, Para. 2 ) ARE THERE ANY LIMITATIONS ON BENEFITTING FROM TAX CONESSIONS? Prospective donors should know that tax concession beneficiaries should not owe any outstanding amounts to the state, or owe any other sums established by virtue of a tax audit document by the time the donation was made. (Physical Persons Income Taxation Act. Art. 28, Para. 1, item 2 - http://www.parliament.bg/?lng=en ) TAX CONCESSIONS FOR LEGAL PERSONS LEGAL PERSONS INCOME TAXATION ACT (Art. 23. , Para . (2) and (3) – item . 28 å ) provides for a tax concession of 10 percent of the taxable income in case of a donation to people with disabilities . - http://www.lex.bg
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