Based on bill.no T/7028 taxpayers will have to submit a domestic recapitulative statement (comparable to EC Sales and Purchase Lists) together with their VAT returns for all transactions where the VAT amount is equal/greater than HUF 2’000’000 as of 1 of January 2013. This obligation does not apply to reverse-charge transactions.

Invoices for transactions involving output VAT liability equal/greater than HUF 2’000’000 must include the buyer’s tax number as from 1 of January 2013.

These obligations will require additional IT developments. So please take it into account.