- Bulgaria’s National Assembly began considering Bill No. 52-602-01-10 on May 7, which implements DAC8 and DAC9 tax cooperation rules.
- The bill expands automatic information exchange to include crypto-asset users and service providers, as well as data on multinational and large domestic groups under OECD Pillar Two.
- It also updates the CRS to cover electronic money and central bank digital currencies.
- Crypto-asset service providers must apply user due diligence by January 1, 2027, with penalties for noncompliance.
Source: fiscal-requirements.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.
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