Tag: Hungary

In 2025, Hungary will implement a retail sales tax on online platforms, ensuring that digital businesses contribute their fair share to the economy.

The change from version 2.0 to version 3.0 is not minor. Version 2.0 will no longer be accepted starting April 1, 2021. Similar to version 2.0, change requests of multiple kinds have been incorporated. 

In Hungary, taxpayers must report the domestic purchase invoices list to NAV on a monthly base as part of the VAT return. Often this reporting requirement is a manual exercise, especially when due to threshold applicable, the number of…

From 1 July 2018, taxpayers are as stated earlier obliged to provide immediately invoice data for domestic transactions with a minimum VAT amount of HUF 100,000 (322 EUR).

We offer an SAP health check specifically on e-invoicing data requests such as Hungary, Italy and Spain and our method is based on the legal tax requirements defined in XML format and local VAT law.