Send to Kindle
Krasimir Stefanov, Executive Director of Bulgaria's National Revenue Agency (NRA), photo by BGNES
Bulgaria's Parliament has adopted amendments enabling the exchange of information on tax matters between the National Revenue Agency (NRA) and its partnering services in the other EU Member States.
The amendments to the Tax and Social Insurance Procedure Code setting out the procedures for the exchange of tax information between revenue authorities passed second reading Thursday.
Bulgaria's NRA will be able to receive data on people's taxable incomes abroad, while its partnering revenue authorities will be able to obtain information about the incomes of their nationals in Bulgaria.
The legal amendments also provide an opportunity for electronic data exchange.
Krasimir Stefanov, NRA Executive Director, is to issue an ordinance for the establishment of a unit specialized in contacting tax authorities in EU Member States, which will be authorized to demand and provide such information.
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
From June 1, 2025, Bulgaria will fully transition to electronic employment record books
The National Revenue Agency (NRA) recently reported that violations were found in one-third of the commercial establishments inspected in Bulgaria’s mountain resorts
The National Revenue Agency (NRA) in Bulgaria reminds individuals earning income outside of employment contracts to submit their tax declarations and settle any owed taxes by April 30
During recent inspections in Bulgaria's winter resorts, tax authorities uncovered several establishments failing to issue proper sales receipts
The National Revenue Agency (NRA) has announced measures to strengthen control over goods with high fiscal risk in Bulgaria following the country’s entry into the land Schengen area
Bulgaria's Minister of Defense Todor Tagarev admitted the possibility that an explosive device might have been planted on board the crashed plane in which Yevgeny Prigozhin was traveling
The European Commission has announced that it is preparing criminal proceedings against Bulgaria, Cyprus, Greece, Malta, and Portugal for incorrect application of the rules on the exchange of data on criminal records and the establishment of the relevant
The European Commission has started an evaluation of the Plan for Reconstruction and Development of Bulgaria, said the spokesman of the European Commission Eric Mamer. The document was submitted to the Commission on 15 October.
58% of Bulgarians do not support the introduction of the euro as the official currency in the country. This shows a study prepared by Trend agency specifically for the financial forum NEXT DIFI 2021, organized by b2b Media for the fifth year. The data dur
Too late Bulgaria began to explain its own position towards North Macedonia, as it should have been clear to our European partners some time ago.
An SPD-led government in Germany has significant potential to sharpen international attention to the problems of corruption in Bulgaria.
Borderless Bulgaria: How Schengen Benefits Are Transforming Trade and Logistics
Bulgaria's Mortality Rate Remains Highest in Europe
