We’ve recently seen several Eastern European countries begin their journey of implementing continuous transaction controls (CTC) as an efficient tool for combating tax fraud and reducing the VAT gap.
The CTC frameworks may vary in nature, scope and implementation, but they all have one thing in common: an ambition to achieve operational efficiency for businesses as well as increase government control over business data to combat tax fraud and evasion.
Let’s take a closer look at some of the upcoming CTC developments in the region.
- Slovakia
- Bulgaria
- Serbia
- Romania
- Croatia
Source: SOVOS
Latest Posts in "Bulgaria"
- Austria to Halve VAT on Basic Food Products to Combat Inflation from July 2026
- Bulgaria Requires Foreign Suppliers to Register for VAT on Supply and Install Contracts from 2026
- Bulgaria Introduces New VAT Regimes for EU Suppliers and Small Enterprises Effective January 2026
- Bulgaria Updates VAT Registration Rules for Small Businesses, Sets 2026 Threshold at EUR 51,130
- Bulgaria Introduces Test Platform for Electronic SAF-T Tax File Submissions
