The main point of a tax (VAT) group is
- that the individual VAT-able personality of the group members is eliminated and the members qualify as a tax member jointly,
- no value added tax payment obligation arises on the intra-group transactions between group members.
A VAT group may be created by taxable persons
- the place of economic establishment of which is in Hungary or, in the absence of a place of economic establishment, whose residence or usual place of stay is in Hungary and
- who are all related parties.