Hungary has had longstanding real-time invoice reporting (RTIR) requirements; however, recent developments, announced by the Hungarian authorities, indicate that the country is now set to introduce a mandatory e-invoicing and reporting system aligned with the EU's VIDA legislation. The following aspects have been discussed and are open for feedback.
New e-invoicing and reporting system
Hungarian authorities are expected to implement mandatory B2B and B2G e-invoicing, compliant…