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Bulgaria Clarifies New Turnover Calculation Rules for VAT Registration

|Approved Changes|Bulgaria
Bulgaria

Bulgaria's National Revenue Agency has published its position clarifying the application of changes in relation to the VAT registration threshold when homogeneous activities are carried on by two or more related parties or unrelated parties working in concert. The changes were made to prevent VAT registration avoidance.

With effect from 1 January 2020, a change in the calculation applies to p…

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