Bulgaria proposes tax amendments

The Bulgarian Ministry of Finance has released a series of proposed tax amendments for public consultation, aiming to align national laws with EU regulations and enhance VAT administration. The acts refer to: Draft Ordinance amending and supplementing Ordinance No. 5 of October 4, 2007 on the terms and conditions for acquisition, registration, payment, and trading of government securities; Draft Law on Amendments and Supplements to the Law on Corporate Income Taxation; Draft Law on Amendments and Supplements to the Law on Personal Income Taxes; and Draft Law on Amendments and Supplements to the Law on Value Added Tax and the reasons for it.