Bulgaria Enacts Anti-Crisis Package to Help Mitigate Effects of Inflation

Bulgaria published the Law Amending and Supplementing the 2022 Budget Law in the Official Gazette on 5 July 2022, including measures for the previously announced anti-crisis package to help mitigate the effects of inflation. The tax policy measures include:
- An exemption from excise duty (0% rate) on qualifying electricity (generally from renewable sources), liquefied petroleum gas, and natura…