A strategic catalyst for value and integration in the Bulgarian M&A market.

Our M&A Tax team combines global reach with deep local insight to help clients navigate rising audit scrutiny and international reforms, ensuring every transaction is structured to maximize after-tax returns while eliminating hidden fiscal risks.

How KPMG can help

In an era of rising tax audit scrutiny and shifting EU reforms, we act as your strategic partner to navigate the complexities of the Bulgarian M&A landscape. We provide multidisciplinary support across the entire deal lifecycle to ensure your transactions are resilient, compliant, and optimized for value.

Strategic Lifecycle Support: We offer end-to-end guidance, from initial planning and structuring to execution and post-deal integration, ensuring tax risks and opportunities are identified early.
Risk Mitigation & Exposure Management: We help you manage material tax exposures related to shareholding structures, financing, and transfer pricing to avoid the denial of deductions or unforeseen tax assessments.
Optimized Deal Structuring: Our team designs tailored structuring strategies that enhance after-tax returns while avoiding fiscal pitfalls and adverse post-transaction implications.
Integrated Global Expertise: By combining local knowledge with the global KPMG network and working alongside our Deal Advisory and Legal teams, we provide focused, wide-ranging advice for cross-border transactions.
Regulatory Resilience: We assist in shoring up tax bases against increased revenue authority scrutiny and information exchange agreements, ensuring your deal is prepared for both domestic and international tax reforms.

We provide integrated tax solutions across the entire investment lifecycle.

Tax Due Diligence: We perform deep-dive reviews of a target's tax history to identify hidden exposures, secure significant tax attributes, and uncover buy-side saving opportunities.
M&A Tax Structuring: Our team develops tax-efficient cross-border structures, leveraging treaty benefits and optimizing fund flows to minimize leakage and manage transfer pricing.
Strategic Debt Restructuring: We navigate the tax consequences of debt modifications and cancellations, assisting in negotiations to preserve tax losses and valuable attributes.
Post-Acquisition Integration: We analyze the tax impact of structural changes and human capital shifts, implementing group-wide transfer pricing and new controls to mitigate future exposure.
Partnerships & Joint Ventures: We advise on setting up tax-efficient partner relations and providing expert guidance on revenue attribution and cost-allocation strategies.