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

Morocco has completed ratifying the Cabo Verde-Morocco Income Tax Treaty (2023) on 20 February 2025. Morocco officially published in its Official Gazette the royal decree enacting Law No. 33-23, which ratifies the agreement On 6 March 2025. The

Morocco formally completed the ratification of the Cabo Verde-Morocco Investment Protection Agreement (2023)  and Morocco-Sierra Leone Investment Protection Agreement (2023) on 20 February 2025. The Investment Protection Agreement (IPA) with

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