Hungary – VAT Changes in Proposed Budget

May 24, 2017 Lee Pender

Earlier this month the Hungarian government introduced a budget bill for 2018. Included in the budget is a proposal to reduce the VAT rate on fish, catering services, and internet services to 5%. The bill also confirms an implementation delay for the mandatory filing of B2B VAT invoices with the government, which was scheduled to start on July 1, 2017. A one year trial period will now take place prior to implementation in July of 2018.

The post Hungary – VAT Changes in Proposed Budget appeared first on Sovos.

Previous Article
Cyprus: Electronic VAT Returns

The Cyprus Tax Department has announced that from May 2, 2017, periodic VAT returns (Form 4) must be submit...

Next Article
Belgian Parliament Debates New VAT Enforcement Powers

The Belgian parliament is currently debating a bill that would grant VAT enforcement authorities the power ...

×

Regulatory Analysis News - Delivered Weekly

Company
Thank you for subscribing!
Error - something went wrong!
×

Sign up for our monthly VAT newsletter

Thank you!
Error - something went wrong!