August 31 2021

Bulgaria Proposes Reduced 9% VAT Rate for Fruit and Vegetables

Source: IBFD Tax Research Platform News

A proposal was submitted to the Bulgarian parliament by its members for the application of a reduced 9% VAT rate to supplies of fruit and vegetables. The main objective of the introduction is to reduce tax fraud in the sector.

The temporary measure would be applicable between 1 January 2022 and 31 December 2023.

The full text of the proposal, issued on 26 August 2021, is available here (in Bulgarian only).

As a next step, the parliament will vote on the proposal.