Hungary: National Assembly automatic exchange of information on crypto-assets, financial accounts, digital platform income

Hungary’s National Assembly ratified three OECD agreements—CARF MCAA, CRS MCAA Addendum, and DPI-MCAA—to enhance automatic exchange of information on crypto-assets, financial accounts, and digital platform income

Regfollower Desk

Hungary’s National Assembly has approved several bills concerning CARF MCAA, CRS Addendum, and the DPI MCAA on 28 October 2025.

CRS MCAA

The National Assembly also approved Bill T/12490 for the ratification of the Addendum to the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information (CRS MCAA).

Hungary signed the Addendum to the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information (CRS MCAA) on 8 September 2025.

The CRS MCAA Addendum expands the scope of information to be exchanged under the CRS MCAA, incorporating additional reporting obligations introduced by the 2023 revision of the Common Reporting Standard. These enhancements are intended to maintain the CRS’s effectiveness in tackling international tax compliance issues.

DPI-MCAA

The National Assembly approved Bill T/12519 for the ratification of the Multilateral Competent Authority Agreement on the Automatic Exchange of Information on Income Derived Through Digital Platforms (DPI-MCAA), which was signed on 26 November 2024.

The agreement enables automatic information exchange under OECD rules to help tax authorities and taxpayers ensure proper taxation of income earned through digital platforms in the gig, sharing, and online goods economy.

CARF MCAA

The National Assembly approved Bill T/12489 ratifying the Multilateral Competent Authority Agreement on the Automatic Exchange of Information under the Crypto-Asset Reporting Framework (CARF MCAA), which Hungary signed on 26 November 2024.

The CARF MCAA creates a framework for the automatic exchange of information on crypto-assets, following the OECD’s reporting and due diligence standards. Its goal is to help tax authorities address risks linked to the fast-growing crypto market and maintain transparency across borders.