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Changes in VAT - reduced tax rates

Changes in VAT - reduced tax rates

From July 1, 2020, the changes in Art. 66, para. 2 of the VAT Act in connection with the reduced tax rates enter into force. The changes will apply until December 31, 2021, with the aim of easing the tax burden for traders in sectors most affected by the growing economic crisis, but also in other areas such as the sale of books, baby food and diape...

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Misleading invoice alert in the form of a fake EUIPO decision

Misleading invoice alert in the form of a fake EUIPO decision

Over the course of the past fortnight, users have reported the circulation of a misleading invoice alert in the form of a fake EUIPO decision. The invoice incorporates EUIPO’s logo, name, acronym and letterhead and demands for the transfer of a “registration fee” to a Polish bank account with a PL IBAN prefix. EUIPO has contacted the relevant bank...

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Important amendment to AML Act

Important amendment to AML Act

Significant amendments to the Bulgarian Anti-money Laundering Act have been recently promulgated. The changes broaden the specter of obliged persons that must follow the legal requirements for tackling money laundering and financing of terrorism. Among the new obliged persons are some providers of cryptocurrency-related services, in particular: ...

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Bulgarian Trade Secret Protection Act

Bulgarian Trade Secret Protection Act

The new Trade Secret Protection Act was enacted and entered into force on 05.04.2019. What does the Act regulate? The Act regulates the conditions and order for protection against unauthorized acquisition, use or disclosure of trade secrets. What is actually a trade secret? This is any type of information, know-how, technological information, b...

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About The Blog

This blog covers news and resources of emerging legal issues of Internet law such as e-commerce and trade with virtual property, copyrights and trademark infringement, unfair competition, privacy protection, software licenses and agreements. Please contact us with any ideas and topics you want to read here.

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