The period around Bulgaria’s accession to the European Union will be remembered for record-breaking levels of borrowing. At its peak, credit growth exceeded 50%. After the euphoria came an ice age for bad debts, and the cleanup continues to this day.
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Valentin Savov, partner at S&P, Stanislav Popdonchev, co-chair of the Bulgarian Industry Association (the biggest employer organization in Bulgaria) and Richard Alibegov, chairman of the Bulgarian Association of Bars, Restaurants and Clubs, participated in the news block of BTV.
The topic was the new requirements, introduced by the Ministry of Finance and the National Revenue Agency, applicable to business software, business processes and e-shops. Among the discussed topics were the short implementation terms and the inadequacy of most of the requirements.
More information at: https://btvnovinite.bg/predavania/tazi-sutrin/
Press release and briefing
The first International Tax Conference to take place in Bulgaria, organized by IFA Bulgaria, together with the Law Faculty of Sofia University “St. Kliment Ohridski”.
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Valentin Savov was published in Manager.bg, а reputable paper and online business magazine.
The topic of the publication was the implementation of BEPS actions in Bulgaria as well as the upcoming international conference organized by IFA Bulgaria on the topic of base erosion and profit shifting.