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Bulgaria to Sign Multilateral Instrument for Crypto-Asset Reporting Framework

18 November 2024

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Treaty Development

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Bulgaria-OECD

On 13 November 2024, Bulgaria's Council of Ministers approved the signing of the Multilateral Competent Authority Agreement on Automatic Exchange of Information pursuant to the Crypto-Asset Reporting Framework (CARF MCAA). The CARF provides for the reporting of tax information on transactions in crypto-assets in a standardized manner, with a view to automatically exchanging such information. The CARF MCAA is expected to be signed on 26 November 2024.