Bulgaria News

OECD Releases Eight New Action 14 Peer Reviews
by Ulrika Lomas, Tax-News.com, Brussels
Friday, December 6, 2019
The OECD recently released the seventh round of stage one peer review reports, assessing eight jurisdictions' efforts to implement the BEPS Action 14 minimum standard on tax dispute resolution. Read Full Story

Nine EU Finance Ministers Call For Green Tax On Aviation
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, November 26, 2019
Nine EU member states have called on the European Commission to draw up proposals for an EU-wide aviation tax. Read Full Story

Ireland Had EU's Lowest Tax-To-GDP Burden In 2018: Eurostat
by Ulrika Lomas, Tax-News.com, Brussels
Friday, November 15, 2019
The overall tax burden in the European Union relative to GDP rose slightly in 2018, to 40.3 percent, the Eurostat has announced. Read Full Story

Bulgaria Restores Access To E-Portal For VAT Refunds
by Ulrika Lomas, Tax-News.com, Brussels
Friday, September 27, 2019
On September 17, 2019, the Bulgarian National Revenue Agency announced that the electronic value-added tax refund system for traders established in other European Union member states has been restored following a recent data breach. Read Full Story

Bulgaria Amends VAT Registration Rules
by Ulrika Lomas, Tax-News.com, Brussels
Friday, September 27, 2019
Bulgaria has tabled for consultation amendments to the value-added tax act regarding the country's VAT registration rules. Read Full Story

Bulgaria Introduces New TP Documentation Rules
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, August 22, 2019
Bulgaria has amended its Tax and Social Security Procedure Code (TSSPC), with effect from July 31, to obligate groups to prepare new transfer pricing documentation from 2020. Read Full Story

Bulgaria Approves CbC Exchange Agreements With US
by Ulrika Lomas, Tax-News.con, Brussels
Thursday, August 8, 2019
Bulgaria's Council of Ministers earlier this month approved two agreements with the United States allowing for the automatic exchange of country-by-country transfer pricing reports. Read Full Story

EU To Probe Potential Abuses Of Citizenship By Investment Schemes
by Ulrika Lomas, Tax-News.com, Brussels
Monday, January 28, 2019
For the first time, the Commission has presented a comprehensive report on investor citizenship and residence schemes operated by a number of EU member states. Read Full Story

EU Agrees New Money Laundering Rules
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, June 14, 2018
The EU is to apply new anti-money laundering rules aimed at disrupting and blocking access by criminals to financial resources. Read Full Story

EU Removes Bahamas, Saint Kitts From Tax Blacklist
by Ulrika Lomas, Tax-News.com, Brussels
Monday, June 4, 2018
The EU on May 25 removed the Bahamas and Saint Kitts and Nevis from its list of non-cooperative tax jurisdictions. Read Full Story
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