Changes to the VAT law:
- From 1 January 2024, data disclosure of payment institutions with regard to cross-border payments will be introduced
- Retroactively from 1 January 2021, the reciprocity with the UK in relation to VAT refunds is introduced as a consequence of Brexit
- Electronic administration of VAT refunds to foreign travellers will be introduced parallel to the paper-based form
Source parlament.hu
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