Hungary: Stricter import VAT deduction requirements effective March 2025

Requires importers to file monthly VAT returns and not be classified as “risky taxpayers”

Share
January 29, 2025

Beginning March 1, 2025, the requirements for assigning import value added tax (VAT) deduction rights to indirect customs representatives will become more stringent.

The amendment will impose several conditions, including the requirement for importers to file monthly VAT returns and not be classified as “risky taxpayers” according to taxation rules. If the importer is not classified as a “reliable taxpayer,” the indirect customs representative must carry out a partner check to eliminate tax risks.

The indirect customs representative will be responsible for ensuring these conditions are met and conducting the partner verification process, with importers needing to be involved, such as making declarations on the fulfillment of certain conditions.

Importers with an import VAT self-assessment license are not affected by this amendment.

Read a January 2025 report prepared by the KPMG member firm in Hungary

Thank you!

Thank you for contacting KPMG. We will respond to you as soon as possible.

Contact KPMG

Use this form to submit general inquiries to KPMG. We will respond to you as soon as possible.

By submitting, you agree that KPMG LLP may process any personal information you provide pursuant to KPMG LLP's Privacy Statement.

An error occurred. Please contact customer support.

Job seekers

Visit our careers section or search our jobs database.

Submit RFP

Use the RFP submission form to detail the services KPMG can help assist you with.

Office locations

International hotline

You can confidentially report concerns to the KPMG International hotline

Press contacts

Do you need to speak with our Press Office? Here's how to get in touch.

Headline