Bulgaria Ratifies Mutual Assistance Convention and Multilateral Agreement on Automatic Exchange of Financial Account Information

On 19 February 2016, Bulgaria published in its Official Gazette the decrees ratifying the OECD-Council of Europe Convention on Mutual Administrative Assistance in Tax Matters as amended by the 2010 protocol, and the Multilateral Competent Authority Agreement (MCAA) on Automatic Exchange of Financial Account Information.

Bulgaria signed the Mutual Assistance Convention as amended on 26 October 2016, and it will enter into force in Bulgaria after the ratification instrument is deposited. Bulga…