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 registration would be required. Another important amendment is a change in how the threshold is calculated to provide that in calculating whether a taxpayer has met the threshold, the turnover of related parties or unrelated parties performing similar activities in the...