Share with your friends

Hungary: Online invoicing takes effect 1 July 2018

Hungary: Online invoicing takes effect 1 July 2018

The Hungarian Ministry for National Economy on 17 January 2018 confirmed that “online invoicing”—a new tool to address potential tax issues including tax avoidance—will take effect and “go live” on 1 July 2018.


Related content

In addition, a draft decree providing rules for online invoicing and a description of IT-related details was released. The draft decree provides that invoicing software must be capable of immediate data provision. While the draft decree does not include a proposed 24-hour rule as the standard timeframe for data provision, the invoicing software must therefore be able to provide real-time data without manual intervention. 

As a new element, the draft decree includes detailed rules about situations concerning software malfunction, maintenance, and internet service issues. One new element provides that in instances of “a longer period of malfunction,” data provision is to be conducted manually. 

The scope of online invoicing, thresholds of data provision, and rules regarding invoices issued manually generally remain the same as the measures previously mentioned in informal communications.


Read a January 2018 report (Hungarian and English) [PDF 1.1 MB] prepared by the KPMG member firm in Hungary

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us


Want to do business with KPMG?


Request for proposal