Taxation

Recent matters DGKV’s Tax team has worked on include:

 

• Advising Google on local CIT and VAT issues and PE exposure in relation to a contemplated collaboration with an aerospace company.
• Providing advice to Airbnb Ireland Ltd. on various tax issues, including short-term letting, invoicing outsourcing options, and reverse-charge requirements under Bulgarian VAT rules.
• Advising Booking.com on Bulgarian-VAT considerations for lessors providing short-term accommodation via the Booking.com platform.
• Advising Robert Bosch GmbH on the Bulgarian section of a questionnaire prepared by the client in relation to rules regarding the correction of invoices.
• Advising Accenture (UK) Limited on the Bulgarian-tax implications of an intragroup reorganization and simplification it was contemplating.
• Advising Bank Mendes Gans N.V. on what constitutes beneficial ownership of certain income for Bulgarian tax purposes.
• Advising a high-profile pharmaceutical company on Bulgarian-tax implications of a restructuring and reorganization at the group level it was contemplating.
• Advising EDF-Electricite de France S.A. on the specific tax and regulatory aspects of a rehabilitation of hydropower plants to be performed in Bulgaria.
• Advising EFG Bank AG on the tax treatment of granting loans to Bulgarian entities and the general rules for withholding taxation of interest income of foreign entities.
• Advising JPMorgan Chase Bank, N.A. on tax-clearance matters in connection with its EUR 535 million bridge loan to Bulgarian Energy Holding EAD and on matters related to its role as lead manager with Banca IMI on the EUR 550 million euro bonds issued by Bulgarian Energy Holding.