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6 months to comply with updated e-invoice requirements

The Hungarian Tax Authority has released an updated version of its real-time invoice reporting (RTIR) model. Initially introduced in July 2018, the anti-VAT fraud measure requires that all invoices, including paper, must be reported to authorities live and electronically.

Version 2.0 is available today for testing, giving taxpayers until April 2020 to make the obligatory switch from version 1.1. Until then, both versions will be accessible simultaneously.

Source Pagero