Bulgaria's Ministry of Finance has announced the signing of a Country-by-Country (CbC) exchange agreement with the U.S. on 31 May 2024. --- Deputy Prime Minister and Minister of Finance Lyudmila Petkova Signs an Agreement for Automatic Exchange of Tax Information with the USA 31.05.2024 Deputy Prime Minister and Minister of Finance Lyudmila Petkova and H.E. Kenneth Merten, the Ambassador of the United States of America to Bulgaria, signed an agreement regulating the automatic exchange of country-by-country reports. "Administrative cooperation is an effective tool to counter tax avoidance and only a coordinated effort of countries around the world can achieve this...