The tax authority is asking companies for their opinions on electronic invoicing and real-time digital data provision
According to the information, the project owner of the package on the Hungarian side is the Ministry of National Economy (NGM), the professional participant is the National Tax and Customs Administration (NAV), while the project is supported by KPMG Consulting Ltd. as a consultant.
The aim of the project is to contribute to the development of the operational, technological and organizational conditions necessary for the introduction of ViDA, and to determine the steps necessary to ensure its long-term sustainability. As part of the project, KPMG is conducting a questionnaire survey among taxpayers and organizations providing services related to tax, accounting and other invoice issuance and acceptance.
Among the key objectives of the ViDA package, it requires mandatory electronic invoicing for intra-community transactions between companies (between companies established in different EU member states) from 2030. It also requires real-time data provision on these electronic invoices from 2030. The package defines a uniform definition and standards for electronic invoices at EU level. Due to the mandatory definition, only invoices issued in a structured format will be considered electronic invoices, they wrote.
Related news
NGM: retail turnover increased by more than 3 percent in February – consumer confidence continues to strengthen
In the first two months of the year, the volume…
Read more >NGM: domestic economic processes are developing favorably, industrial performance is held back by weak external demand
Domestic economic processes are developing favorably, the performance of industry…
Read more >Rising prices of services are driving inflation – not food
Although food prices continue to be the focus of public…
Read more >Related news
KSH: in February, retail turnover exceeded the same period of the previous year by 3.3 percent, decreasing by 0.6 percent compared to the previous month
In February, the volume of retail trade turnover decreased by…
Read more >NGM: retail turnover increased by more than 3 percent in February – consumer confidence continues to strengthen
In the first two months of the year, the volume…
Read more >Kifli.hu delivers free of charge to families with small children
From now on, free home delivery is available every day…
Read more >