- Hungarian Tax Authority to compare real time invoicing system data with VAT returns starting January 2025
- If discrepancies found, Tax Authority will request clarification from taxpayer
- Taxpayer has 15 days to respond
- Failure to reply within due date results in penalty of 300,000 HUF
Source: meridianglobalservices.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.
Latest Posts in "Hungary"
- Hungary’s NAV Launches Summer Inspection Campaign Targeting Key Sectors and Tax Violations
- Hungarian Tax Authority to Launch E-Receipt System for Real-Time Digital Receipts by 2026
- Hungary Modernizes E-Invoicing: B2G Mandate, Real-Time VAT Reporting, B2B Requirement by 2025
- NAV Online Invoice System 2025: Stricter Validation Rules Effective September 15, Impacting Businesses
- NAV Online Invoice System – stricter validations from September underscore NAV’s commitment to data quality
