5 Major Developments in Bulgaria

5 Major Developments in Bulgaria

• Bulgaria’s Proposal for Deferred Import VAT Payment and Excise Duties on Heated Products

• Introduction of SAF-T: Bulgaria’s Plan for Standard Electronic Data Exchange with Tax Authorities

• ECJ Customs C-770/21 (OGL-Food Trade Lebensmittelvertrieb) Judgement – Customs valuation & concept of of related parties

• Bulgaria quarterly cash reporting for VAT registered businesses

• New Reporting Obligation for VAT-Registered Persons

Bad Debts (Relief for Underpaid Sales Invoices)

• Official Gazette – Reduction of tax base and accrued tax on bad debt

• Changes in the Regulation for the Implementation of the Value Added Tax Act

• Introduction of VAT bad-debt relief

• ECJ C-314/22 (Consortium Remi Group’ AD) – AG Opinion- The limitation period to reduce taxable amount in case of non-payment cannot start until the debt is deemed irrecoverable

Country Guides

• Value Added Tax (VAT) Guidelines: Bulgaria

Customs

• ECJ Customs C-770/21 (OGL-Food Trade Lebensmittelvertrieb) Judgement – Customs valuation & concept of of related parties

Deduction (Input Tax Credit)

• ECJ C-314/22 (Consortium Remi Group’ AD) – AG Opinion- The limitation period to reduce taxable amount in case of non-payment cannot start until the debt is deemed irrecoverable

• ECJ C-429/23 (NARE-BG) – Questions – Right to deduct input VAT for supplies received before their registration under national law during COVID-19

E-invoicing

• What is the status of e-invoices in Bulgaria?

ECJ (European Court of Justice)

• ECJ C-429/23 (NARE-BG) – New ECJ VAT case – No details known yet

• ECJ C-314/22 (Consortium Remi Group’ AD) – AG Opinion- The limitation period to reduce taxable amount in case of non-payment cannot start until the debt is deemed irrecoverable
• ECJ C-429/23 (NARE-BG) – Questions – Right to deduct input VAT for supplies received before their registration under national law during COVID-19
• ECJ Customs C-770/21 (OGL-Food Trade Lebensmittelvertrieb) Judgement – Customs valuation & concept of of related parties

Export

• Specific documentary amendments to export requirements for VAT

Importation

• ECJ Customs C-770/21 (OGL-Food Trade Lebensmittelvertrieb) Judgement – Customs valuation & concept of of related parties

• Bulgaria’s Proposal for Deferred Import VAT Payment and Excise Duties on Heated Products

Legal Acts

• Cash registers – Recent amendment in the Bulgarian VAT Act

Legislative Change

• Authorities publish consolidated text of VAT act

• New Reporting Obligation for VAT-Registered Persons

Rate

• September Snippets: Latest Headlines from the World of Indirect Tax

Refund

• A VAT refund guide to Bulgaria

Registration

• New Reporting Obligation for VAT-Registered Persons

Reporting / Compliance

• New Reporting Obligation for VAT-Registered Persons

• Bulgaria quarterly cash reporting for VAT registered businesses

SAF-T (Standard Audit File for Tax)

• Bulgaria planning to introduce SAF-T, affecting most businesses

• Bulgaria SAF-T 2025

• Introduction of SAF-T: Bulgaria’s Plan for Standard Electronic Data Exchange with Tax Authorities

• SAF-T in Bulgaria?

Taxable Amount

• ECJ C-314/22 (Consortium Remi Group’ AD) – AG Opinion- The limitation period to reduce taxable amount in case of non-payment cannot start until the debt is deemed irrecoverable
• ECJ Customs C-770/21 (OGL-Food Trade Lebensmittelvertrieb) Judgement – Customs valuation & concept of of related parties