Tax Alerts 2017

PwC Bulgaria - Tax alerts archive 2017

Amendments to the Regulations for application of the Value Added Tax Act

Amendments to the Regulations for application of the Value Added Tax Act

On 21 March 2017, amendments to the Regulations for Application of the Value Added Tax Act (RAVATA) were published in the State Gazette, which envisage new rules for proportional deduction and annual adjustments of input VAT credit in the cases of mixed use of assets (for business and private needs), amendments to the requirements for proving the application of 0% VAT rate for supplies related to vessels and aircrafts, as well as other amendments that may have impact on your business.

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