Hungary will extend online invoicing to all companies as of July 1. Since last July invoices with the VAT amount of HUF100,000 (€290) had to be submitted to the National Tax and Customs Administration (NAV) electronically.
Changes:
- From 1 July 2020, the value limit will be eliminated
- From 1 January 2021, the scope of the data disclosure obligation will be extended in terms of recipients of the invoices.
Sources:
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