Hungary real-time invoice reporting

Details

  • Thu 3rd May 2018
  • 10:30 am - 11:30 am BST

From 1 July 2018 Hungary will introduce real-time, electronic reporting of domestic B2B sales invoice data. The anti-VAT fraud reporting measure applies to all VAT registered businesses, resident or foreign, on invoices with a VAT element of HUF 100,000 (approximately €320) or more. The new live reporting will replace the existing domestic sales ledger listing, which is filed monthly with the VAT return.

Join Kid Misso as he discusses the new Hungarian live reporting requirements as well a brief look at how European countries are increasingly demanding detailed electronic VAT transactional reporting from businesses to help them efficiently track tax due and reduce significant tax evasion.

Speakers

Kid Misso

Senior Director of Solution Consulting | Avalara

Kid is the Senior Director of Solution Consulting. He has over ten years of specialist experience in indirect tax automation.

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