Bulgaria Proposes New Corporate Windfall Tax and VAT Registration Mandate in 2027 Budget Plan

Bulgaria's Draft Budgetary Plan for 2027 includes significant tax policy changes, notably a 33% windfall profits tax targeting specific sectors. This measure could impact multinational corporations operating in these areas, necessitating a review of their tax liabilities and financial projections for 2027 and beyond. Additionally, the plan introduces mandatory VAT registration for taxable persons in the real estate sector. This change will broaden the scope of VAT compliance obligations, requiring affected businesses to adapt their accounting systems and processes to ensure adherence to the new registration requirements and associated reporting mandates.