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Law-Now Hungary
26.02.2008

Hungary: new tax debt procedure for public procurements

New procedures have been introduced from 1 January 2008 to ensure that no contractor or sub-contractor who has accumulated public debts is allowed to receive...

Law-Now Hungary
26.02.2008

Hungary: domestic reverse charge mechanism

The domestic reverse charge mechanism has been extended to cover new situations from 1 January 2008. The mechanism now applies (among others) to voluntary VAT...

Law-Now Hungary
25.02.2008

Hungary: miscellaneous VAT changes

Various VAT changes have taken effect from 1 January 2008, including: the previous threshold for reclaiming VAT (generally referring to VAT-able supplies with...


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