Construction permit taxes in Bulgarian capital to increase

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2007-05-21

Construction permit taxes in Bulgarian capital to increase

Рубрика: Property news Източник:

Taxes in Belgrade vary between 250 and 430 euro per sq m and are slightly lower in Bucharest. In Sofia, the tax is seven euro per sq m, Dikov said. Yet, a transition period will be needed before higher taxes are introduced.

Once funds for infrastructure development are collected, investors will be freed from the duty to provide some of the infrastructure needed for their projects.