- Hungary introduced online-linked VAT cash register requirements in 2014, extended in 2017
- Pre-certified registers report taxable transactions to Hungarian tax office daily to prevent VAT fraud
- Around 250,000 businesses in Hungary have adopted these registers
- Cash registers used for data input for Hungarian eVAT portal to produce digital ledgers and pre-filled VAT returns
- Requirement placed on specific businesses like retailers, restaurants, hotels, and pharmacies
- Technological solution required is a tamper-proof fiscal module with mechanical seal called AEE
- Each connected cash register with AEE has an individual Device Certificate
- No “middle-ware” is permitted in the cash register
Source: vatcalc.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
