The VAT-free threshold of 22 euros will end on 1 July
According to information sent to MTI by the National Tax and Customs Administration (NAV), the regulation of cross-border online trade resulted in a significant loss of revenue and had a serious impact on the budgets of the European Union and Member States, giving non-EU traders an undue advantage. The new regulation will make competition between EU and non-EU companies more balanced. (MTI)
Related news
Eurozone manufacturing activity improved in April, but still shows weak performance
The pace of decline in eurozone manufacturing activity slowed to…
Read more >Has competitiveness taken precedence over sustainability in the EU?
The European Union’s sustainability (ESG) objectives have been a high…
Read more >E-receipt: Számlázz.hu has launched an information site to help businesses
A new life begins for tens of thousands of entrepreneurs:…
Read more >Related news
Márton Nagy: the government would introduce margin restrictions for stores selling household goods
The government may discuss on Wednesday and is expected to…
Read more >The Hungarian Food Bank Association is organizing a record-sized food collection on Friday and Saturday
At the Friday and Saturday fundraiser organized by the Hungarian…
Read more >Ice cream ferry and battle of Balaton flavors – the Balaton Fagyija election is coming
On May 9th, not only will the ferry between Tihany…
Read more >