Real-time invoice data reporting – To everyone, about each invoice?

The draft decree of the Ministry for National Economy published recently confirms that the real-time reporting of invoices to Hungarian Tax Authority is to be launched as of 01 July 2018. All invoices issued to domestic taxable persons, the VAT content of which is at least HUF 100,000, are subject to data reporting to the Tax Authority. All this in real time and automatically. This obligation is valid only in respect of invoices issued to taxable persons and only for...
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Péter Kóczé, RSM Hungary, Head of Digital Solutions
Péter Kóczé

Online invoice reporting mission: accomplished!

The NAV real time invoice reporting process launched in July was like a competition where the contestants tried to complete the racetrack in \"vehicles\" purchased off the shelf or developed and built by themselves. The June test period was prolonged by a useful leniency month, thus all entities were required to come up to par by 31 July while continuous compliance has been mandatory since 1 August.

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Edina Pentz
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