It has been reported that as of the 1st January 2016, the Hungarian Tax authorities will enforce a new invoicing obligation for companies with Hungarian VAT numbers.

According to the decree no 2/2015. (II.3) NGM, invoicing software will have to contain a new modification which allows data to be exported by the Hungarian tax authority. This modification is a separate program named ‘Tax Authority control data’ which will enable companies registered for VAT in Hungary to export required invoices or data that may be requested by the tax authority.

The Hungarian tax authority will enforce this change in order to facilitate audits for control purposes. The ultimate intention is to speed up the transfer of requested invoices by a taxable person during audits by integrating the invoicing software.

By |February 24th, 2015|