Bulgaria Gazettes Law Implementing DAC7 EU Directive on AEOI for Digital Platform Operators

The Bulgarian Official Gazette Dec. 16 published Decree No. 288, amending tax procedure laws to transpose EU Directive 2021/514 (DAC7) on administrative cooperation in the field of taxation, to combat tax evasion. The decree includes measures: 1) expanding the automatic exchange of financial account information (AEOI) scope for digital platforms operators providing specified services; 2) defining “presumptive significance,” as it relates to requested information and according to internationally recognized standards; 3) providing requirements for “group requests” for information; 4) requiring that royalty income be included for information exchanges; 5) setting data collection requirements for platform operators; 6) setting a 60-day …