NEWS AND PUBLICATIONS

Amendments of the Tax and Social Security Procedure Code (TSSP) related to the automatic exchange of country by country reports

The Bulgarian Parliament adopted the draft amendments to the TSSPC regarding the automatic exchange of country by country reports (CbC reports) of multinational groups of undertakings (MGU), operating within several EU member states. The amendments are effective as of 04.08.2017. From 2017 the Bulgarian National Revenue Agency (NRA) will exchange information about MGU with the...
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Amendments of the Tax and Social Security Procedure Code (TSSP) related to third parties liability for taxes or compulsory social-insurance contributions of legal entities

The changes implemented by the Act Amending and Supplementing the TSSPC, promulgated in the State Gazette №63/04.08.2017 aim to improve and complete the existing provisions on third party liability concerning outstanding taxes and social security contributions of taxable legal entities. The amendment of the provision of art. 19 and 20 of TSSPC is of importance...
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Draft amendments of the VAT Act with respect of the commission agreement

On the website of the Ministry of Finance are published draft amendments in order to adjust the tax acts in 2017. In the transitional and final provisions to the Act amending and supplementing the Excise duties and tax warehouses act is proposed the introduction of the following amendment of the VAT Act with respect of...
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