NAV revealed the illegal practices of a suspiciously cheap webshop
The commercial practices of a webshop operated in Slovenia were investigated by the inspectors of the Special Tax and Customs Directorate of NAV; it turned out that the evasion of Hungarian taxes and the concealment of income contributed greatly to the strikingly low prices, the authority told MTI.
The Electronic Commerce Inspection Department, established for the targeted investigation of foreign online stores, ordered the investigation based on a preliminary risk analysis and data from courier services, which was conducted with the involvement of the Slovenian tax authorities, the announcement revealed.
The webshop, which sells electronic and clothing products and beauty products, with a significant turnover, advertised itself on the Internet with huge discounts on the products it delivered to Hungarian customers. The auditors revealed that the background of the devaluation was illegally reduced costs and unpaid VAT.
This not only caused damage to the budget, but also put legally operating and fairly taxing domestic companies at a significant competitive disadvantage – emphasized NAV. They informed me: the company had to pay HUF 210 million in VAT retroactively.
Related news
E-receipt: Számlázz.hu has launched an information site to help businesses
A new life begins for tens of thousands of entrepreneurs:…
Read more >The eNYUGTA subpage of the Hungarian Tax Authority (NAV) providing information about the e-cash register system has been launched
The eNYUGTA subpage has been launched on the website of…
Read more >NAV audits 2025: who will be in focus?
Fiduciaries, the transfer pricing of food businesses and items affecting…
Read more >Related news
New markdown limit in drugstores to come from May 19 – thousands of products could be affected
According to the announcement of the Minister of Chancellery Gergely…
Read more >Hungarian shoppers love prize games, according to a recent survey
Almost all Hungarian shoppers are willing to spend more if…
Read more >Sustainability at its best: the Respray refill machine has arrived at Rossmann for nationwide expansion
The world’s first spray product refilling machine, Respray, has grown…
Read more >