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Bulgaria VAT Changes for 2018

|Approved Changes|Bulgaria
Bulgaria

Bulgaria has implemented various value added tax (VAT) changes for 2018. Changes include:

  • New rules for VAT registration, which maintain the registration threshold of BGN 50,000, but provide that:
    • If the threshold is met in the previous 12 consecutive months, taxpayers must register for VAT within 7 days (down from 14) following the period (month) in which the threshold is met, and
    • If the thr…

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