Bulgaria has greeted a pledge from Greece to revoke its tax withheld on Greek business transactions in Bulgaria. Prior this year, Bulgaria had requested that the European Commission challenge Greece’s decision to announce a 26% withholding tax on transactions in Bulgaria, Cyprus, and Ireland because of their low corporate tax rates. Again, Greece changes its law to link it with the EU law. The Commission had settled that the levy broke EU law objectives on the free movement and provision of goods and services.
Related Posts
Greece enacts DAC8, DAC9, Pillar Two tax measures
May 20, 2026
Greece has enacted Law No. 5301/2026, introducing new crypto-asset reporting rules, Pillar Two tax measures, VAT amendments, and changes to shipping taxation after the legislation was published in the Official Gazette on 15 May 2026. The law
Read More
Bulgaria introduces new Pillar Two tax return forms ahead of Euro transition
May 18, 2026
Bulgaria has introduced new tax return forms for reporting top-up taxes under the OECD Pillar Two global minimum tax framework, replacing templates approved only months earlier as the country prepares for the transition to the euro in 2026. Order
Read More
Greece: AADE further extends ship tax filings, payment deadline
May 11, 2026
Greece's Independent Authority for Public Revenue (AADE) has announced a second postponement of filing requirements for ship operators under the Greek Tonnage Tax Law. The new deadline of 30 June 2026 replaces the previously extended date of 30
Read More
Bulgaria proposes higher VAT threshold to support small businesses
May 11, 2026
Bulgaria’s National Assembly is considering proposals to raise the mandatory Value Added Tax (VAT) registration threshold to EUR 85,000, up from the current level of around EUR 50,130–51,130. Members of parliament have submitted two separate
Read MoreBulgaria advances DAC8 and DAC9 transposition: Expands crypto reporting, Pillar Two exchange rules, transfer pricing framework
May 11, 2026
Bulgaria’s Council of Ministers has approved and submitted a draft bill to the National Assembly on 7 May 2026 to transpose two European Union directives into national law: Council Directive (EU) 2023/2226 (DAC8) and Council Directive (EU)
Read MoreGreece extends Article 5C special tax regime to public sector employees
May 07, 2026
Greece’s Ministry of National Economy and Finance and the Independent Authority for Public Revenue (AADE) have announced an extension of the special taxation regime under Article 5C of the Income Tax Code (ITC), expanding eligibility to include
Read More