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Bulgaria's Lowest Income Tax Rate

A recent annual report published by the European Commission states that Bulgaria still has the lowest income tax rate within the E.U. Currently standing at a flat rate of just 10%, it is almost four times lower than the average rate of 38%.

Followed closely by Lithuania and the Czech Republic, both at 15%, Bulgaria continues to offer the very best environment for businesses small or large, and the country is no stranger to some of the world's largest companies, PepsiCo, Ideal Standard and Nestle to name just a few have been established in Bulgaria for a number of years.

Sweden and Denmark have the highest income tax rate in the E.U with an average of 57.77% and 51.5% respectively.