Bulgaria published its 2025 State Budget Act on 27 March 2025, introducing several key updates. The Act aligns the country’s Pillar 2 global minimum tax laws with OECD guidelines from 2023 and 2024, including rules on tax carryforwards,

Bulgaria's parliament passed the State Budget Bill for the year on 21 March 2025 which includes amendments to the Value Added Tax (VAT) Act. The amendments lower the mandatory VAT registration threshold from the current BGN 166,000 to BGN

Bulgaria’s National Assembly has adopted the draft law on the state budget for 2025 at its second reading on 21 March 2025. The 2025 budget proposes no tax increases and projects a deficit of 3% of the gross domestic product (GDP). It forecasts

The IRS updated its Country-by-Country  Reporting  (CbCR) Jurisdiction Status Table on 11 March 2025, confirming that the competent authority arrangement between the US and Bulgaria became operative on 9 September 2024. Country-by-Country

The draft law for Bulgaria's 2025 State Budget, published on 9 December 2024, introduces several amendments, including a requirement for businesses to submit standard audit files (SAF-T). This new rule will apply to most companies, with

Bulgarian Deputy Prime Minister and Minister of Finance, Lyudmila Petkova, signed an agreement in Brussels with Malta to avoid double taxation between the two countries on 10 December 2024. The Agreement was signed on the Maltese side by Clyde