Bulgaria: Real estate sales price based on tax valuation

Bulgaria: Real estate sales based on tax valuation

For purposes of sales of real estate in Bulgaria, the asking price for the first public sale of the property cannot be below the tax valuation of the property.

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Other new measures under the civil law in Bulgaria concern the jurisdictional requirements for recognition and enforcement of judgments in civil and commercial matters.

Read a July 2015 report [PDF 36 KB] prepared by the KPMG member firm in Bulgaria: Amendments to the Civil Procedure Code

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