Hungary Updates Guidance on VAT Return Filing Annual Filers Assigned a Community VAT Number
Hungary's National Tax and Customs Authority has published updated guidance on the general rules for VAT returns and the frequency of accounting/filing. The main update concerns taxpayers subject to annual filing that are assigned a community VAT number by the tax authority during the tax year. In such cases, it is required that the taxpayer switch to quarterly filing even if the taxpayer has …
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