The technical documentation on real-time invoice data reporting is already available on the webpage of the tax authority. From the description it turns out – if it has not been clear so far - that financial, taxation-related, and IT competencies are required for solving the new task of companies, all throughout the process.
Read moreAccording to the current state of affairs, as from 01 July 2018, all invoices issued to domestically registered taxable persons, the VAT content of which exceeds HUF 100,000, are subject to data reporting to the tax authority. All this in real time or nearly real time. But what will the HU TA actually see?
Read moreData reporting must be carried out automatically from the invoicing software, without any human intervention. In case of an operational failure, the data content of missed invoices must be forwarded electronically to the state tax and customs authority by the taxable person within 24 hours of elimination of such operational failure.
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