Bulgaria cuts Intrastat 2021 thresholds in VAT fraud battle

Bulgaria has recently announced which will be the Intrastat thresholds for 2021.
In this context, for reporting Intrastat Dispatches, the threshold will be 270 000 BGN and for reporting Intrastat Arrivals it will be 430 000 BGN.
In addition, for declaring statistical value the thresholds will be 14 700 000 BGN for Intrastat Dispatches, and 7 300 000 BGN for Intrastat Arrivals.
On the other hand, it will remain 390 BGN the threshold for simplified reporting of single low-value transactions.

Source:

• Avalara
• Ryan

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