| Muchakova | Date: Friday, 13.11.2015, 10:41 | Message # 1 |
 dandelion wine
Group: Админ
Messages: 383
Status: Offline
| Because of the fact, that Bulgaria is a European Union member and a member of the European Economic Area, our legislation in the field of
VAT is comparatively unified. Despite the ambition of EU institutions
for harmonization, however there are certain regional differences
between the member countries.
The tax rate in Bulgaria, generally, is 20% on the purchase made.
There are exceptions to this general rule, by dint of the provisions of
article 22 of the law on a value-added tax – Bulgaria’s VAT Law (A tax
rate Article 66. (1) The rate of the above-mentioned tax is 20%/twenty
percent on: 1. taxable deliveries, except the ones explicitly stipulated
as leviable with a zero rate; 2. the import of commodities on the
territory of our country; 3. taxable intra-Community acquisitions. (2)
(An amendment made – please, see Official Gazette, issue 94 of year
2010, in force from 01.04.2011, another amendment made – please, see
Bulgaria’s Official Gazette, issue 99 of year 2011, in force from
01.01.2012). The tax rate on the accommodation, provided at hotels and
similar establishments, including the provision of vacation
accommodation and on the granting for rent of places, intended for
camping sites or caravans, is to the amount of 9 percent.)
In order to be able to refund the margin between the purchases made,
inclusive of VAT and the sales made with VAT, whenever the paid tax-VAT
on purchases is bigger than the VAT paid on sales, the person liable for
tax must have VAT registration.
Bulgaria’s NRA (National Revenue Agency) keeps a special register of
the persons registered under VAT Law. ) Upon their entry into the
above-mentioned register, persons get an identification number for the
purposes of VAT, before which the sign “BG” is placed (Most often, it is
the UIC number of the companies, under which they are recorded in the
Commercial register/Companies House, with BG in front of it, whenever a
legal person is registered under VAT Law). The cases of registration
under Bulgaria’s VAT Law can be divided into the following kinds:
1. Voluntary registration. First of all, in order to be registered
voluntarily, a person should not be liable to compulsory registration
under VAT Law. In the second place, a person should file an application,
using a form, with NRA. The registration under Bulgaria’s VAT Law will
be carried out in a 2-week period, considered from the date of filing
the application and after the fulfillment of all requirements set by NRA
(after submitting the registration application under VAT law, the
person liable for tax gets “Request for the presentation of documents”
from NRA, to which one must reply within a 7-day period. After
submitting a full list of the documents stipulated in the above-stated
“Request”, within a 7-day period, the person liable for tax gets also
its registration under VAT Law. The deadlines for filing documents with
NRA are preclusive/mandatory and after their expiration, if the
instructions given by NRA are not carried out accurately, a refusal of
registration follows. The deadline for getting registration under VAT
Law is instructive and the tax body may not meet it accurately.) The
voluntary registration under VAT Law is most often accomplished/brought
to completion by persons, who make purchases inclusive of VAT and would
like to avail themselves of tax credit. They can be entrepreneurs under
investment projects, the owners of development activity and so on.
2. Compulsory registration. Basically, it can be divided into the following types:
◌ Whenever a person liable for tax reaches a taxable turnover of the
sales made to the amount of 50 000 Bulgarian levs (1 euro = 1,95583
Bulgarian levs) for a period not longer than 12 consecutive calendar
months.
◌ Whenever a person liable for tax performs specific kinds of activities, the registration is obligatory with a view to the
business activity. Such lines of business are: the deliveries of
commodities with assembly and installation, whenever the person is
established on the territory of a EU member country and is not
ascertained on the territory of our country; There is obligation for
registration in case of the provision of services, the tax on which is
required by the recipient; There is also an obligation for registration
before the performance of telecommunications services, services for
radio- and television broadcasting or services, done electronically; the
remote sale of commodities; at the moment of intra-Community
acquisition;
◌ Registration on the initiative of a tax body. Whenever the revenue body establishes, that a person did not fulfill in
time one’s obligation to file a registration application, then a tax
official registers it with the issue of a public act of registration, if
the conditions for registration are available.
Материалът е публикуван от Веста Консулт- Изберете Качеството!
|
| |
| |
