January 20 2022

Bulgaria Plans to Implement EU Legislation on Excise Duties

Source: IBFD Tax Research Platform News

The Bulgarian parliament has approved at first reading the following amendments to the Value Added Tax Act:

  • Excise Framework Directive (Recast) (2020/262) of 19 December 2019 laying down the general arrangements for excise duties;
  • Council Directive (EU) 2020/1151 of 29 July 2020 amending Directive 92/83/EEC on the harmonization of the structures of excise duties on alcohol and alcoholic beverages; and
  • Council Directive (EU) 2019/2235 of 16 December 2019 amending VAT Directive (2006/112) on the common system of value added tax and Excise Directive (2008/118) concerning the general arrangements for excise duties as regards defence efforts within the Union framework.

As a next step, the proposal will be voted at second and final reading by the parliament.

The full text of the proposal, approved on 20 January 2021, is available here (in Bulgarian only).