Hungary is working out a plot to strengthen its VAT registration threshold from HUF8 million to a hefty HUF12 million. This will be effective from 1 January 2019. The threshold will not be applicable for non-resident businesses, which must be registered at the time of their first taxable supply.
As the threshold agreed is more than that of Hungary’s in 2004, therefore, it needs to be endorsed by the European Commission.
Related Posts
The European Commission announced on 28 April 2026 that it has decided to refer Hungary to the Court of Justice of the European Union for failing to bring its retail tax regime in line with the freedom of establishment guaranteed by Articles 49 and
Read MoreHungary has gazetted Government Decree No. 87/2026 on 23 April 2026, which maintains the 0% advertising tax rate in effect since 1 July 2019. Without this intervention, the advertising tax would have been reinstated on 1 July 2026. The new decree
Read MoreHungary's National Tax and Customs Administration (NAV) has published the technical API specifications for DAC9 reporting on 25 March 2026. The affected taxpayers must submit their first GloBE Information Return (GIR) by 30 June 2026, as mandated
Read MoreHungary has gazetted Government Resolution 1101/2026 (III. 19.) on 19 March 2026, authorising the signing of an income and capital tax treaty with Ethiopia. This development follows after Ethiopia and Hungary concluded a second round of
Read MoreHungary's tax authority, the National Tax and Customs Office (NAV) will significantly expand its use of artificial intelligence and risk analysis to identify fraudulent taxpayers in 2026, NAV President Ferenc Vágujhelyi stated on 20 February
Read MoreHungary's National Tax and Customs Administration (NTCA) and Ministry of National Economy (NGM) have published a roadmap for implementing the EU’s ViDA directive. The plan outlines major changes to Hungary’s e-invoicing system. Core
Read More
