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Real Time Invoice Reporting in Hungary

The last few years have seen the introduction of a whole range of digital tax solutions across Europe. These digital solutions are not necessarily independent of
each other, there is a very typical trend. In Hungary, this process started with the introduction of online cash registers, followed by the introduction of the EKAER system for the provision of data related to road freight transport (Electronic Public Road Trade Control System), and offering a prepopulated personal income tax returns can also be mentioned as examples. The real time reporting of invoice data, which in Hungary is embodied in the Online Invoice System, also fits into this range.

Source Tax Tribune

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