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Hungary’s NAV publishes new RTIR developments for 2020/2021

The NAV National Tax and Customs Administration of Hungary has announced there will be changes in 2020 to its RTIR (Real Time Invoice Reporting) system regulating VAT statements for issued invoices.

The RTIR system compels taxpayers residing in Hungary to send certain invoicing information to the NAV Online Számla platform electronically and instantly, without human intervention, in line with the technical requirements laid down by the law.

These changes to RTIR regulations come on top of the updates announced last October.

Source Edicom