6 June 2018
A reminder that from 1 July 2018, the Hungarian tax authorities will introduce a new real time invoice-reporting regime, which will affect all VAT registered businesses in Hungary.
When introduced the regime will apply to all business to business (B2B) sales transactions made in Hungary with a VAT amount above HUF 100,000 (approx.€320). All businesses undertaking these types of transactions will be expected to declare the invoices to the Hungarian tax authorities at the same time as they are issued to the business customer.
LATEST NEWS
France introduces €2 customs charge on a per item...
From 1 March 2026, France will levy a €2 “taxe sur les petits colis” charge on low‑value imports (under €150) brought into France from non‑EU...
SEE MORE
LATEST NEWS
EU confirms €3 flat rate customs duty on low value...
In February 2026, the Council of the EU formally approved the removal of the EU’s threshold‑based customs duty relief (the €150 de‑minimis) with effect...
SEE MORE
LATEST NEWS
Azerbaijan introduces mandatory VAT Registration for...
Azerbaijan has approved significant reforms to its VAT rules for non‑resident digital service providers, moving from a withholding‑based model to a...
SEE MORE