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 …
Sponsors:
