Bulgaria: VAT measures effective in 2019 - KPMG Global
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Bulgaria: VAT measures effective in 2019

Bulgaria: VAT measures effective in 2019

Changes to the value added tax (VAT) law in Bulgaria are generally effective in January 2019.

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  • Deferred VAT accrual upon import (a procedure for VAT self-accrual and input VAT deduction by importers following the introduction of a new regime for deferred VAT accrual upon import of certain types of goods)  
  • Electronically supplied services to “end customers” (business-to-consumer (B2C) supplies)
  • “Triangular transactions” (when the intermediary is identified for VAT purposes in the EU Member State of the supplier or the recipient, but performs the intra-Community acquisition under its VAT number in a different EU Member State)
  • VAT registration and de-registration procedures
  • Long-term asset depreciation for purposes of determining the taxable base of free-of-charge supplies (the depreciation expense for long-term assets will be calculated based on the straight-line method for the useful life of the goods or services)


Read a January 2019 report [PDF 149 KB] prepared by the KPMG member firm in Bulgaria

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