Hungary has announced that the EU Council Implementing Decision 2024/3209 of 23 December 2024 has approved the extension of the reverse charge mechanism under the VAT Directive (2006/112) until 31 December 2026. This applies to supplies of capital

The Kazakhstan government has introduced proposed amendments to its Tax Code on 11 February 2025, aimed at reshaping the country’s VAT framework. The key changes include raising the standard VAT rate from 12% to 16%, alongside a new reduced 10%

The OECD has published a case study on tax and development highlighting Kazakhstan’s enhanced ability to combat tax avoidance. The case study showcases Kazakhstan’s notable achievements, emphasizing key milestones such as: Signed and

Hungary will implement stricter import value-added tax (VAT) deduction regulations for indirect customs representatives from 1 March 2025. The amendment requires importers to file monthly VAT returns and avoid being classified as “risky

Uzbekistan adopted the amended protocol of the CIS Mutual Assistance Agreement on 13 December 2024. The Commonwealth of Independent States (CIS) is an intergovernmental organization that promotes cooperation among former Soviet republics. It was

Hungary’s tax authority has published guidance on increasing the VAT exemption threshold for small businesses from HUF 12 million to HUF 18 million. The increase was established by Government Decree No. 5/2025 and published in the Official