Bulgaria announced it’s considering mandating e-invoicing and the transmission of invoices to the tax authority. This could be done either via a supplier’s e-invoicing software or software developed and hosted by the tax authority itself.
It’s not yet known if the transmission of data to the tax authority will be used solely for reporting or if there will be a clearing mechanism, in which case an invoice won’t be issued to the counterparty until it is cleared first by the tax authority.
Source: SOVOS
Latest Posts in "Bulgaria"
- Restaurant Sector Rejects Pekanov’s Sofia-Vienna Price Comparison, Repeats VAT Cut Call
- No VAT Cut for Tourism Sector as Budget Talks Continue
- European Court New VAT Case – T-537/26 (M Car Sofia) – No details known yet
- Bulgaria Ends Mandatory Dual Price Display as Euro Transition Continues
- Bulgaria — SAF-T, E-Invoicing & E-Reporting Country Booklet
