Hungary: Guidelines on VAT group succession issues
The guideline focuses especially on the transition period of the succession.
The tax authority and Ministry of Finance on July 2, 2025, issued Taxation Guideline No. 2025/6, addressing value added tax (VAT) group succession issues.
The guideline clarifies:
- VAT treatment for transactions within VAT groups, between VAT groups and third parties
- VAT number requirements on invoices
- VAT invoice corrections
- VAT returns
- European Commission (EC) sales lists
- Adjustments for tangible and intangible assets
The guideline focuses especially on the transition period of the succession.
For more information, contact a KPMG tax professional in Hungary:
Zsuzsanna Ablonczy | zsuzsanna.ablonczy@kpmg.hu