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Bulgaria amends VAT legislation; changes affect a wide range of sectors

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 products as well as medicines and books to a rate somewhere in the range between 3% and 5%. While it remains to be seen what the Government will decide on this issue, we will focus our attention on the VAT legislation changes which had entered into force since the beginning of 2019.

Source: eurofast.eu

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