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Bulgaria Provides 20% Penalty Reduction if Paid Within 14 Days

|Approved Changes|Bulgaria
Bulgaria

The Bulgarian National Revenue Agency (NRA) announced that where a fine or sanction has been imposed by the NRA, violators will have the opportunity to reduce the amount by 20% if paid within 14 days of being served the penal decree. This is provided by a new provision in the Law on Administrative Violations and Penalties that entered into force on 23 December 2021. The 20% reduction is provid…

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