Hungary – real time reporting – how to do it efficiently with online reporting tool

As of 1 July 2018 all taxpayers are required to report to the Hungarian tax authority certain data regarding invoices that are issued by invoicing software and have a VAT content of at least HUF 100,000. Such reports will have to be made electronically, through an online connection, using a specific XML file format.Read More »

Hungary – reporting obligation on road transports as of 1 January 2015

Street scenes in Shanghai, China Photo_R_RGB_SH14_D1_JA_6007.jpgThis new reporting obligations will be effective for tax payers who carry out certain transactions involving road transportation, including also foreign established companies that are registered for VAT in Hungary. These transaction are the following:Read More »