Indication on the application of article 22 of the Law on taxes on personal income tax on individuals with a common tax base for fiscal year 2009 (tax relief for young families).
Subject: Application of Art. 22a of the Law on taxes on personal income tax on individuals with annual tax on the total tax base for 2009 in connection with numerous inquiries received at the NRA HQ in order to ensure uniformity of practice in applying the Law on income taxes of individuals (PITA), pursuant to Art. 10, para. 1, item 10 of the Law on the National Revenue Agency, express the following opinion: The Law on amendment and supplement of PITA (promulgated, SG. 95/2009, in force from January 1, 2010) were repealed provisions of Art. 22a and art. 23, section 5 of the law, but they are applicable to annual income tax acquired in 2009 of these new texts tax regulations adopted by § 67 of the TFP of the State Budget Law of the Republic of Bulgaria for 2010 (Prom ., SG. 99/2009 on), in force since January 1, 2010, ie they will apply to income acquired after that date. Pursuant to Art. 22a of PITA in the wording of the law in force in 2009, the amount of annual tax bases of art. 17 is reduced during the year with interest payments on the first EUR 100 000 mortgage, where the following conditions: the contract of mortgage credit has been concluded from the taxpayer and / or spouse with whom / which they have entered into civil marriage. taxpayer and / or spouse have not reached 35 years of age at the date of the contract for a mortgage loan, mortgaged housing is housing for the family only during the tax year. Given the wording of Art. 23, section 5 of PITA, also in the wording of the law in force in 2009, tax relief may benefit from filing an annual return of art. 50 of the Act apply to persons that copies of the following documents: certificate of marriage, a reference to the wealth of borrowers, the mortgage loan agreement, repayment plan, certified by the bank creditor and documents evidencing payments made. In applying these rules is necessary to consider the following features: 1. In the current legislation does not define the term used in PITA “mortgage loan”, so that in connection with the use of tax relief for young families should be added the usual sense of that term. On the other hand, the condition mortgaged home is only for family housing in fiscal year (Article 22a, section 3 of PITA) can be concluded that the mortgage loan is for acquisition of housing (housing loan).
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