What are the new obligations introduced by the Slovak VAT amendment?

The Ministry of Finance of the Slovak Republic published a draft of the future amendment to Act No. 222/2004 Sb. on value added tax, as amended (hereinafter referred to as the “VAT Act” or “amendment”). The subject of this draft amendment is, among others: The change in § 53b introduces the customer’s obligation to correct […]

E-invoicing and e-reporting system in Hungary

The Hungarian tax system operates under the “Nemzeti Adó és Vámhivatal” tax authority, known as NAV. Before introducing the electronic invoicing system, this office introduced the RTIR electronic reporting system. It is worth reading the information to know how to keep records of invoices when trading with Hungarian entities.   What is e-invoicing? e-Invoicing is […]