- The Hungarian tax authority issued a guideline on VAT implications for accommodation cancellations.
- The guideline distinguishes between express cancellations, no-shows, and cancellations with a surcharge.
- Express cancellations with advance payments do not incur VAT if no service is provided.
- No-shows may incur VAT if the service remains available per the provider’s terms.
- Cancellation fees for flexibility are considered VAT-applicable.
Source: wolftheiss.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.
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