The Court of Justice of the European Union (CJEU) issued a judgment holding that the date triggering the limitations period when taxpayers can reduce their taxable base for value added tax (VAT) purposes by amounts of bad debts is the date when the taxpayer establishes the irrecoverable nature of the debts.
Source: KPMG
Latest Posts in "Hungary"
- ECJ Rules VAT Refund Administration Fees Taxable in Hungary for Non-EU Customers
- New Hungarian VAT Guidelines for Accommodation Cancellations: Key Insights and Provider Actions
- Hungary Introduces Stricter Invoice Data Reporting Rules with Million Forint Penalties
- Hungary Enforces Stricter E-Invoice Rules, Rejects Submissions with Errors from September 2025
- Approaching Deadline: Reclaiming VAT Paid Abroad by September 30, 2025 for Hungarian Companies
