Businesses established in Hungary have until 30 September 2022 to reclaim foreign VAT. This means that companies may apply until this deadline for a refund of value-added tax charged by a foreign country on supplies of products and services in another Member State, or on product imports into the given Member State of the European Union in 2021. Taxpayers lose this right after the deadline expires, so the tax authority will automatically reject any application received after the deadline.
Source: fiscal-requirements.com
Latest Posts in "Hungary"
- Hungary’s Carbon Tax Conflicts with EU Emissions Trading System Directive 2003/87
- Hungary Issues VAT Group Succession Guidelines Covering Transition Period Requirements
- 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
