VAT Split Payment – A Tricky Matter of Aiming at the Best Design and Combination

Abstract

The article is an attempt to analyze the model of the split payment of VAT by comparing the experience of Republic of Bulgaria acquired prior to its accession to the EU with its modern day application in the EU by the Republics of Italy, Romania and Poland. The purpose is to contribute to the better understanding of this model, to draw the necessary conclusions from its implementation and use, and to understand its potential in the framework of the definitive VAT system – all this to the service of tax experts, policy makers and businesses.