Advance rulings

Yes, possible in the form of tax opinion or guidance for all tax matters of persons concerned, non-binding.

Penalties for late payment

Interest on overdue amount, currently at 13.04 % p.a. (December 2024)

Penalties for late payment or for non-compliance with VAT reporting requirements

Default penalties of BGN 250 (approx. EUR 130) to BGN 10,000 (approx. EUR 5,113)

Criminal provisions

Fiscal Penalties Act / Prosecution Law Penalties for negligent tax evasion: fines

Penalties for deliberate tax evasion: fines or imprisonment