Bulgaria's Ministry of Finance has issued a release on the draft Budget Law for 2025. The main tax-related measures outlined in the release include the following:
- The introduction of a new tax on the extraction of underground resources;
- The revision of excise tax rates on tobacco and tobacco products (TTI);
- An increase in the excise tax rates on alcohol, beer, and beer produced by small independent breweries;
- The cancellation of the scheduled increase in the VAT registration threshold from …