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Oct 4, 2021

Georgiev, Todorov & Co. Law Offices successfully defended the rights of Dundee Precious Metals Chelopech EAD on final court instance in a tax law case against the National Revenue Agency (NRA)

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Dundee Precious Metals Inc. is a Canadian based, international gold mining company engaged in the acquisition, exploration, development, mining and processing of precious metals. The mine in Chelopech is one of the largest gold mines in Bulgaria and is owned by Dundee Precious Metals Chelopech EAD (DPMC).

The law firm was chosen to protect the client’s rights due to its long-term experience in litigation, its professional expertise, as well as the numerous successful consultations provided on previous cases.

The dispute between Dundee Precious Metals Chelopech and the National Revenue Agency (NRA) concerns the application of the current legislation in relation to the tax relief from life insurance policies concluded by the client’s employees and withholding of insurance prizes by the employer.

After Georgiev, Todorov & Co. Law Offices started defending the client at second court instance before the Supreme Administrative Court (SAC), the decision of the Administrative Court Sofia District was finally annulled, as illegal and unfounded, as well as the revision act issued by the NRA.

Dundee Precious Metals Chelopech EAD is represented in court by our lawyers Nikolay Lazarov, Arno Mamasyan and Tsvetelina Dimitrova.