- Bulgaria’s National Revenue Agency has introduced new criteria for determining large taxpayers.
- The new criteria came into effect on January 1, 2024.
- Previously, companies were considered large taxpayers based on their contribution to the budget, including social security contributions.
- The amended criteria now also include companies with an annual turnover exceeding a certain threshold.
- The changes aim to improve the accuracy of identifying large taxpayers and ensure fair taxation.
Source: vitallaw.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.
