New changes were introduced into national VAT legislation related to the implementation of the provisions of Council Directive (EU) 2017/2455 of 5 December 2017.

As of 01.08.2023 a new important amendment in the Bulgarian VAT Act was adopted and entered into force.

December 2018 – Last week, the Bulgarian competition authority fined A1, the Bulgarian subsidiary of Telekom Austria, a total of BGN 804,340

On 7 December 2011, the Bulgarian Parliament voted in support of the 2012 amendments to the Tax and Social Procedure Act, the VAT Act, the Excise Duties and Tax Warehouses and the Personal Income Tax.

Freelancing is on the rise in Bulgaria, with professionals across IT, digital marketing, design, and consulting embracing the flexibility and autonomy it brings.

As of July 1st, new VAT rules enter into force in the European Union, which facilitate the fulfillment of the existing obligations related to the VAT and reduce the administrative burdens for the companies...

The proposed introduction of bad debt relief in the Bulgarian legislation is a natural continuation of the administrative and court practice evolving on the topic over the past two years.

From 1 January 2012, the transfer of a construction right will be VAT exempt only until the construction permit is issued. The previous regime had allowed the exemption until the completion of the rough construction.

On 12 February 2016, Bulgaria ratified the Convention on Mutual Administrative Assistance in Tax Matters, as amended by the 2010 protocol, by way of Decree No. 21 published in the Official Gazette No. 14 of 19 February 2016.

The VAT rate in Bulgaria has remained unchanged at 20% for many consecutive years. Recently, there has been a lot of debates on the future possibility of amending the VAT rate for certain food

The COVID-19 outbreak and state of emergency announced in Bulgaria by the National Assembly on 13 March 2020 put most companies in a complex financial situation without warning.

Recent important amendments to the Bulgarian Law on Value Added Tax (VAT) have become applicable as of January 1, 2017.

As of July 1, 2020, with a change in the Value Added Tax Act (VAT), the introduction of a temporary differentiated VAT rate was adopted for some sectors that are most affected by the economic crisis in connection with COVID-19.

Unsurprisingly, the most common M&A transaction structures in Bulgaria are share deals, in which the target company is acquired with all its assets and liabilities, and asset deals, in which individual assets are acquired.

In many countries the tax leaders notice changes in tax authority scrutiny of the business affairs especially as governments begin to address budgetary pressures arising from responding to the COVID-19 pandemic.

As the deadline for the 2015 claims is just around the corner, it may pay to check if your company is eligible for a VAT refund in Bulgaria.

On 21 June 2012, the ECJ ruled on two Hungarian VAT cases.

From 1 January 2026, Bulgaria's VAT system undergoes major changes following euro adoption and the implementation of EU small business VAT rules. The VAT reform impacts thresholds, registration, cross-border sales...

The Bulgarian National Revenue Agency (NRA) has officially confirmed the implementation of the Standard Audit File for Tax (SAF-T) reporting, beginning in 2026.

The recent amendments to the SAF-T legislation seem to bring welcome changes for taxpayers. Starting soon, the deadline for submitting monthly SAF-T reports will be extended from the 14th of the following month to the end of the month.