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Proposal for Council Implementing Decision Published to Approve Increase in Hungary's VAT Registration Threshold

|Proposed Changes|Hungary
Hungary

A proposal dated 21 June 2018 has been published for a Council Implementing Decision to authorize Hungary's derogation from Article 287 of the VAT Directive (2006/112/EC) by increasing the VAT registration threshold to an equivalent in national currency of EUR 48,000 (~HUF 12 million) from 1 January 2019. The authorization is to apply until the earlier of 31 December 2021 or the date from whic…

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