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Bulgaria ratifies BEPS multilateral instrument

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Bulgaria has deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS Convention) with the OECD. For Bulgaria, the BEPS Convention will enter into force on 1 January 2023.

On 1 October 2022, 910 treaties concluded among the 78 jurisdictions which have ratified, accepted or approved the BEPS Convention will have already been modified by the BEPS Convention. Around 910 additional treaties will be modified once the BEPS Convention will have been ratified by all signatories.

Issue: 1589
Categories: News
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