Real-time invoice reporting obligation related to self-billing invoices

Real-time invoice reporting obligation related to...

The Ministry of Finance has extended the grace period applicable to the real-time reporting obligation related to certain self-billing invoices.

1000

Related content

Please be informed that Hungary’s Ministry of Finance has released a statement that extends the grace period related to the real-time reporting of self-billing invoices until 30 June 2021. No penalty shall be imposed for non-reporting or late reporting during this period, assuming that:

  • the purchasing company issues the invoice in the name of the supplier (self-billing) in accordance with their agreement, and
  • the customer does not (and should not) have a Hungarian VAT ID.

The Ministry of Finance statement (in Hungarian) is available at this link.

If you have experienced issues where the above-mentioned grace period shall not be applied when transitioning to the 3.0 version of the real-time invoice reporting system, or need a temporary solution to fulfill the real-time invoice reporting obligation, we remain at your disposal.

© 2021 KPMG Hungária Kft./ KPMG Tanácsadó Kft. / KPMG Legal Tóásó Ügyvédi Iroda / KPMG Global Services Hungary Kft., a magyar jog alapján bejegyzett korlátolt felelősségű társaság, és egyben a KPMG International Limited („KPMG International”) angol „private company limited by guarantee” társasághoz kapcsolódó független tagtársaságokból álló KPMG globális szervezet tagtársasága. Minden jog fenntartva.

A KPMG globális szervezeti struktúrával kapcsolatos további részletekért kérjük látogassa meg a https://home.kpmg/governance oldalt.

Connect with us

 

Want to do business with KPMG?

 

loading image Request for proposal