Jan. 9, 2023, 5:00 AMThe Bulgarian Official Gazette Dec. 30, 2022, published Decree No. 312, implementing transitional provisions under the 2022 state budget, which includes amending the personal income and corporate income tax laws and setting a windfall tax for electricity producers. The decree includes measures: 1) clarifying the calculation basis for corporate income tax on expenses exceeding 200 Bulgarian leva (US$107) per month per employee for 2023; 2) setting the per-child deduction amounts for 2023 that reduce the monthly tax base for income from employment relationships; and 3) establishing a windfall tax on electric power producers for the period from Dec.

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