As of 16 September 2023, the Government Decree 430/2023 (IX.15.) entered into force and amended the Government Decree on measures related to the transport of certain agricultural products from Ukraine.

The main information and advantages of the electronic invoicing have been described in our previous newsletters. In this part, we summarize the main future changes.

The VAT refund possibility also applies to EU Member States and certain countries outside the European Union (Switzerland, Liechtenstein, Norway, Serbia, as well as Turkey and the United Kingdom under certain conditions).

In 2022, significant legislative changes on transfer pricing came into force. The rules on the extent of transfer pricing adjustment and the default penalty for recordkeeping irregularities have been tightened.

The recently published ruling of the European Court of Justice in Case C-232/22 once again deals with the VAT establishment risk associated with the supply of cross-border services (typically toll manufacturing) within a group of companies.

The Hungarian Tax Authority (hereinafter: HTA) has taken another step to support taxpayers in the field of electronic invoicing.

With the rise of remote working, the idea of workation (work+vacation) is becoming more and more popular among employees

It is not yet too late to assess the EPR obligation and register now to avoid adverse legal consequences.

VGD Hungary has joined as a member to GaUE.