28 February 2017
From 1 July 2017 the submission of a local sales and purchases listing report will be introduced for any businesses that issue or receive invoices with a VAT amount of HUF 100,000 or greater.
This new report will be used by the Hungarian tax authorities to validate these types of transactions and it is hoped that it will help to reduce VAT fraud in the country.
LATEST NEWS
Romania Proposes Fixed Levy on Low-Value E-Commerce...
Romania has proposed the introduction of a fixed charge on certain low-value consignments, valued under €150, entering the country from outside the European...
SEE MORE
LATEST NEWS
France Proposes €2 Customs Charge on Low-Value...
In October 2025, the French government unveiled its 2026 Finance Bill, which has been submitted to the National Assembly for debate before moving to the Senate...
SEE MORE
LATEST NEWS
Ireland to Introduce Mandatory E-Invoicing for...
Ireland has confirmed plans to implement a mandatory electronic invoicing regime for business-to-business (B2B) transactions, starting 1 November 2028. This...
SEE MORE