- Hungary is eliminating manual receipt data reporting, modernizing its tax system.
- About 270,000 businesses must switch to the new e-cash register framework by 1 September 2026.
- E-cash register adoption is voluntary until September 2026 but recommended for easier compliance.
- Real-time data reporting will expand to include paper receipts, improving monitoring and transparency.
- The changes reduce administrative burdens, enhance tax transparency, and help combat tax evasion.
Source: fintua.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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