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The Bulgarian parliament approved the application of VAT to professional fees for legal representation cases. Photo by BGNES
The Bulgarian Parliament, in adopting changes to the Value Added Tax (VAT) Act on Wednesday, has approved the application of VAT to legal fees.
The tax will be applied to legal fees payable for the defense of physical persons in pre-legal, legal, administrative and arbitration proceedings.
The European Union had previously criticized Bulgaria for allowing VAT-free lawyers’ fees. The changes bring Bulgaria into line with EU law.
Opponents of the move state it is an unfair imposition on clients, who would now become responsible for paying this additional tax for legal representation.
Representatives of the hotel and restaurant sector in Bulgaria are calling for a reduced VAT rate of 9%, arguing that rising fuel prices are putting serious pressure on their businesses.
If traders attempt to unjustifiably raise prices during the transition to the euro, the National Revenue Agency (NRA) will detect it through discrepancies in VAT declarations
Romania continues to struggle with VAT collection, falling behind all other EU member states
The European Public Prosecutor’s Office (EPPO) in Munich has led an operation resulting in the arrest of three individuals on April 1 as part of an ongoing investigation into a €50 million VAT fraud scheme
Restaurants in Bulgaria have organized protests to demand a return to the 9% VAT rate for the tourism sector,
Restaurants across Bulgaria are set to temporarily shut down today in protest against the reinstatement of the 20% Value Added Tax (VAT) for the industry
GERB leader Boyko Borissov reacted to the fall of the Zhelyazkov government during a live broadcast on his official Facebook page, following the mass protests across the country.
The government is making a second clumsy attempt to introduce the state budget.
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The current patient fee for a medical consultation has lost its purpose and no longer serves its intended functions, according to Bulgarian Medical Association (BMA) chairman Dr.
Brussels has unofficially warned Bulgaria’s Finance Minister Temenuzhka Petkova that the country’s euro adoption process could be suspended, according to BGNES, citing Nova TV.
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