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Bulgaria Considering VAT Registration Threshold Amendments

|Proposed Changes|Bulgaria
Bulgaria

Bulgaria's Ministry of Finance is reportedly considering certain amendments to the current BGN 50,000 turnover VAT registration threshold. One of the key amendments is a change so that the threshold only applies for resident taxpayers, with non-residents required to register before their first taxable supply is made. However, if a non-resident only makes supplies subject to reverse charge, no r…

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