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Proposed Council Implementing Decision Authorizing Bulgaria to Increase VAT Registration Threshold

|Proposed Changes|Bulgaria-European Union
Bulgaria-European Union

A proposal for a Council Implementing Decision has been published that would authorize Bulgaria's derogation from Article 287 of the VAT Directive (2006/112/EC) regarding its VAT registration threshold. The proposed decision, dated 13 October 2022, authorizes Bulgaria to increase its VAT registration (exemption) threshold to the national currency (BGN) equivalent of EUR 51,130 at the conversion rate on the day of its accession to the EU. The decision would apply until 31 December 2024. With …

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