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Hungarian eVAT system (eÁFA) – online platform to facilitate the automatic exchange of transactional data for VAT returns

The Hungarian eVAT system, officially known as eÁFA, is an online platform developed by the Hungarian Tax Administration (NAV) to facilitate the automatic exchange of transactional data for VAT returns. Here are some key points about the eVAT system:

  1. Purpose: The eVAT system aims to streamline the VAT reporting process by allowing taxpayers to submit VAT returns electronically and providing real-time reporting capabilities.
  2. Analytical Component: The platform includes an analytical component that gathers data from various sources in real-time, providing taxpayers with insights into their VAT obligations.
  3. Template Generation: Taxpayers can generate templates within the system to access specific information needed for their VAT returns, making the reporting process more efficient.
  4. Discrepancy Checks: The system cross-references the uploaded XML files with existing information and flags any discrepancies, requiring further examination before submission.
  5. Availability: The live environment of the eVAT system is expected to be available by early 2024, offering both a web interface for managing smaller volumes of invoices and a machine-to-machine (M2M) connection for larger volumes.
  6. Technical Requirements: Users of the eVAT system must meet technical readiness requirements for M2M connections and understand standard tax codes.
  7. Error Handling: During M2M data uploads, the system conducts tests and sends error or warning messages to users, ensuring data accuracy and compliance.

Overall, the Hungarian eVAT system represents a modernization of VAT reporting processes, leveraging technology to improve efficiency, accuracy, and compliance for taxpayers and tax authorities alike.

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