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Economy > Government > Revenue > Tax Stats: compare key data on Bulgaria & Romania

Definitions

  • Corporate tax: Corporate tax.

    No date was available from the Wikipedia article, so we used the date of retrieval.

    Bangladesh had range specified: 45%-0%

    Maldives had range specified: 15%-0%

    Mexico had range specified: 30%-28%

    Spain had range specified: 30%-25%

    Sri Lanka had range specified: 35%-0%

    Switzerland had range specified: 25%-13%

  • Maximum tax rate for individuals: Individual (max).

    No date was available from the Wikipedia article, so we used the date of retrieval.

    Mexico had range specified: 29%-3%

  • Sales tax, VAT or GST (reduced rate): Reduced rate.

    No date was available from the Wikipedia article, so we used the date of retrieval.

  • Tax burden, % of GDP: Overall taxes, including all forms of direct and indirect taxation at all levels of government, as a percentage of GDP.
  • Taxes foreign income of nonresident citizens: Indicates whether or not a tax is levied on the foreign income of non-resident citizens. An asterisk indicates that certain exemptions exist.
  • Taxes foreign income of resident foreigners: Indicates whether or not a tax is levied on the foreign income of resident foreigners.
  • Taxes local income of nonresident individuals: Indicates whether or not a tax is levied on income generated in the country by individuals who are not residents (applies to both, citizens and foreigners).
  • Taxes local income of resident citizens: Indicates whether or not a tax is levied on income generated within the country by individuals who are both citizens and residents of this country.
  • Taxes local income of resident foreigners: Indicates whether or not a tax is levied on income generated within the country by resident foreigners
STAT Bulgaria Romania
Corporate tax 10%
Ranked 25th.
16%
Ranked 17th. 60% more than Bulgaria
Maximum tax rate for individuals 10%
Ranked 40th.
16%
Ranked 34th. 60% more than Bulgaria
Sales tax, VAT or GST (reduced rate) 7% or 0% 9% (medication, books, bread ) or 5% (first time buyers of new homes under special conditions)
Tax burden, % of GDP 26.1
Ranked 54th.
28
Ranked 46th. 7% more than Bulgaria
Taxes foreign income of nonresident citizens no no
Taxes foreign income of resident foreigners yes yes
Taxes local income of nonresident individuals yes yes
Taxes local income of resident citizens yes yes
Taxes local income of resident foreigners yes yes

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