The Finance Ministry has declared a tax reform through a press release on 22nd August 2015. The proposed tax modification would harmonize Bulgarian law with EU law, with the objective of implementing successful control mechanisms and reducing the possibilities of tax avoidance. Under the Limitation of Cash Payments Act, the permitted cash payments would be reduced.
Related Posts
Bulgaria consults ViDA-aligned VAT rules and e-invoicing
October 02, 2026
Bulgaria's Ministry of Finance opened a public consultation on 23 September 2026 on the Draft Law on Amendments to the
Read More
Bulgaria consults on Pillar Two safe harbour package
September 29, 2026
Bulgaria's Ministry of Finance opened a public consultation on 23 September 2026 on a draft law on Amendments and
Read More
Bulgaria introduces new transfer pricing rules aligned with OECD guidelines
September 25, 2026
Bulgaria's new Ordinance on Transfer Pricing Methods Application (the New Ordinance) entered into effect on 1 January
Read MoreBulgaria proposes convention update for Pillar Two taxes
September 22, 2026
The Bulgarian National Assembly on 1 September 2026 accepted for consideration Bill No. 52-602-02-16, which would amend
Read More
Bulgaria revises Pillar Two tax exchange framework
September 21, 2026
Bulgaria published Decree No. 304 in the State Gazette on 18 September 2026, promulgating the Law on the Supplement to
Read MoreBulgaria proposes accelerated tax depreciation to support business investment
September 17, 2026
Bulgaria's National Assembly (parliament) is considering a Draft Law on Amendments and Supplements to the Corporate
Read More