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Bulgaria's: massive tax base increase?

blockchain4ever

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Jul 13, 2018
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Not having better things to do, I was looking at Eurostat and the 100th percentile income as percentage of total across EU across time.

Look at the increase from 4.5% up to almost 10% in Bulgaria! The 10th decile is 10 p.p higher than other EU countries. They have had the flat 10% tax in more than 10 years now.

Are we seeing massive capital movements into Bulgaria because of their simple and low-tax regime?

bulgaria.png
 

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