- Implementation of the international standard for collecting accounting data from taxpayers SAF-T is progressing
- Plan approved for administration to prepare for reform implementation
- Next steps include drafting a law amendment for public discussion, technical support, and training
- New method aims to improve trust between tax agency and clients through transparency and standardization
- Standard developed by OECD and already implemented in several countries
- Benefits include better communication, risk management, reduced administrative burden, and increased compliance
- Implementation in Bulgaria will be phased, starting with large and medium taxpayers
- More information available on the National Revenue Agency’s website.
Source: nra.bg
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
