Tax on interest paid on deposits of individuals - BNP Paribas Middle East Africa
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BNP Paribas
January 10, 2013 -

Tax on interest paid on deposits of individuals

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Dear Clients,

Herewith we would like to inform you that as of January 1st, 2013 is introduced a tax on the interest paid on deposit accounts (accounts where money are placed for a defined period with interest due and paid) in the amount of 10% of the paid interest. The tax shall be deducted by the bank prior to the payment of the respective due interest.

BNP Paribas S.A. – Sofia Branch