- Hungary will mandate e-invoicing for all domestic and cross-border transactions, phasing out paper and email-based invoices.
- A dual-reporting mechanism will require both sellers and buyers to report invoice data, with buyers submitting supply data within five days of receipt.
- All invoices must comply with the EN 16931 EU standard, with some local adaptations and enhanced security requirements.
- The PEPPOL network will be optional, and a Hungarian PEPPOL authority will be established alongside a free public invoicing solution.
- Hungary will implement a five-corner transmission model, allowing invoices to be sent through tax authorities or service providers, with service provider use remaining optional.
Source: regfollower.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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