Bulgarian Government Submits Draft Bill for Anti-Crisis Package to Help Mitigate Effects of Inflation

The Bulgarian government submitted a draft bill in parliament on 8 June 2022 to amend and supplement the 2022 Budget Law, 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 on electricity, liquefied petroleum gas, and natural gas;
- The introduction of a reduced VAT rate of…