On 13 August 2019, Bulgaria published the Law on Amendment and Supplementation of the Tax and Social Insurance Procedure Code. One of the main aspects of the Law is the introduction of new Local and Master file documentation requirements that are in line with BEPS Action 13. Key points include: Both local and foreign legal entities carrying out business activities through a place of business in Bulgaria are required to prepare a Local file if performing controlled transactions, with certain exemptions including where the following thresholds are not exceeded as of 31 December of the previous year: Book value of...