Hungary Releases Updated Specifications for Invoice Reporting

Andrew Decker
September 9, 2019

As long anticipated, Hungary has released the finalized specifications for version 2.0 of the invoice data reporting schema. At this time bilingual XSD documentation and Hungarian-only API documentation have been released. Tax authorities have indicated that full testing of the new schema is expected to be available in the test environment by the end of September, 2019.

The use of the new schema was originally scheduled to begin on January 1, 2020. The government’s most recent announcement, however, states that mandatory use of the new schema has been moved to the first quarter of 2020, with a more detailed implementation schedule to be released at a future date.

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Author

Andrew Decker

Andrew Decker is a Senior Regulatroy Counsel at Sovos Compliance. Within Sovo’s Regulatory Analysis function, Andrew focuses on international VAT and GST issues and domestic sales tax issues. Andrew received a B.A. in Economics from Bates College and J.D. at Northeastern University School of Law. Andrew is a member of the Massachusetts Bar.
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