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Hungary Expands Scope of Real-Time Reporting

  • Real-time reporting  version 2.0 is being implemented.  It is expected that this will go live by February 2020. However, Hungarian taxpayers will be able to use the current reporting version 1.1 until 1 April 2020
  • Proposed extension to the obligation to issue an invoice or receipt for the suppliers of most VAT exempt services.  These include education, property, and private healthcare services.

Source Sovos