Hungarian Tax Authorities published guidance in accordance with the EU on the different possible scenarios of the Brexit negotiations
Source Tax Authorities
E-Invoicing has been a tool implemented already by many countries to digitize and automate processes as well as fighting VAT fraud. With the OCVID-19 pandemie, few countries who planned digitalization of their processes...
Hungary has introduced today a COVID-19 emergency bank tax. The tax is an additional one-off charge on top of the existing banking tax. The tax is calculated as 19% of the net balance sheet in excess of HUF 50billion...
Hungary re-introduced a special retail tax on 14 April 2020. The rules now also cover e-commerce transactions.
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