- The Law on Value Added Tax is in effect from January 1, 2007.
- The purpose of the law is to regulate the taxation of value added tax (VAT).
- The objects subject to taxation include any taxable supply of goods or services, intra-community acquisitions with a place of performance in the country, and imports of goods.
- The law also covers exemptions, tax rates, registration requirements, and administrative procedures related to VAT.
Source: nra.bg
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.
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
