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Bulgarian Parliament Approves Reduced VAT Rate for Beer and Wine, Tourist Services, and Sports Facilities

04 August 2020

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Approved Changes

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Bulgaria

The Bulgarian parliament reportedly approved the bill to expand the scope of the reduced 9% VAT rate to additional supplies in its final reading on 30 July 2020. This includes: Beer and wine provided as a part of restaurant/catering services; Common tourist services and excursions organized by tourist operators and travel agents with occasional bus transport; and Services for the use of sports facilities. The bill must now be published in the Official Gazette and will apply from 1 August 2020 to 31 December 2021.