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Bulgaria Considering 9% VAT Rate for Medicinal Products

|Proposed Changes|Bulgaria
Bulgaria

The Bulgarian parliament is considering a draft bill submitted on 30 July 2021 that would extend the scope of the reduced 9% VAT rate to certain medicinal products that are currently subject to the standard 20% VAT rate. The extension of the reduced rate is meant to provide relief for patients that need to pay for high-cost medicinal products out of their own pocket. The reduced rate would apply for medicinal products included in the positive list provided under Article 262 of the Law on Med…

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