Hungary Releases Additional Information on Online Invoice System

January 30, 2018 Andrew Decker

The Hungarian Government has released a revised version of the draft regulation on real-time reporting of electronic invoicing. New technical documentation, available in both English and Hungarian, has also been released, and the government invoicing platform, available at https://onlineszamla-test.nav.gov.hu/home, has been updated as well.

As previously reported Hungary has set a go-live date of July 1, 2018, for the new real-time reporting requirements. In the last year, Hungary passed revisions to its VAT law requiring the reporting of electronic invoices to the government, requiring the submission of invoice data on paper invoices over the internet, and modifying the domestic summary report. The new draft regulation requires the instantaneous export of electronic invoices to the government upon issuance of the invoice, without any human interference. Transmittal of an invoice is not considered successful until the supplier has received confirmation from the tax authority. Suppliers must resubmit failed invoices as soon as the cause of the failure is resolved. Only invoices where the VAT charged is over 100,000 Hungarian Forints are required to be transmitted, however, companies may elect to submit smaller invoices as well. Both purchasers and suppliers are expected to be able to look up invoices once transmitted to the government. Suppliers are not required to use electronic invoicing, however non-electronic invoices over the threshold must still be reported in the government website within 5 days of issuance and in some cases within 24 hours.

About the Author

Andrew Decker is a Junior Regulatory Counsel at Sovos Compliance. Working within Sovos’ Regulatory Analysis Department, Andrew’s work centers on indirect taxes (VAT, GST, Sales Tax), with a particular focus on jurisdictions in Europe and Asia. Andrew is a member of the Massachusetts Bar with a J.D from Northeastern University School of Law and a B.A. from Bates College.

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