August 11 2020

COVID-19 Pandemic: Bulgaria Extends Scope of Reduced 9% VAT Rate

Source: IBFD Tax Research Platform News

On 11 August 2020, the Bulgarian government officially extended the scope of the products for which the value added tax (VAT) rate is temporarily reduced to 9% for the period from 1 August 2020 to 31 December 2021. The new products include:

  • beer and wine provided as part of restaurant/catering services;
  • the use of certain sports facilities; and
  • tour operators' services, including the organization of excursions by tour operators and travel agents with occasional transportation.

For the text of the gazetted Bill, see here (in Bulgarian only).