The EU would tighten the rules on invoicing

The European Union plans the tightening of the rule system of invoices, that would be mandatory to all member states.

The changes would standardize the rules of 27 EU Member States, especially in cross-border transactions. According to PMX Hungary Tax Advisory Consulting Group Ltd.; the Hungarian companies should prepare for the expected changes.
In many aspects, Hungary is an eminent student, because Hungary already applies many of the EU’s proposals, such as billing date regulations, that invoice should be issued within 15 days – reports Világgazdaság Online.