- Bulgaria plans to introduce the Standard Audit File for Tax (SAF-T) for electronic exchange of tax data with VAT authorities.
- The SAF-T will apply to all companies doing business in Bulgaria, including non-resident companies with a Bulgarian VAT number.
- The implementation will be done in phases, starting with large taxpayers in 2025.
- More information, including the starting date, legal framework, and reporting process, will be published by Bulgarian authorities in 2024.
Source: meridianglobalservices.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
