Global VAT & Indirect Tax News

Hungary has raised its Intrastat reporting thresholds for EU intra‑community dispatches and arrivals effective 1 January 2026. The arrivals threshold rises to HUF 500 million and the dispatches threshold to HUF 200 million, while the statistical reporting thresholds remain unchanged. The electronic Intrastat form now requires detailed data such as goods description, commodity code, delivery terms, transport mode, destination and origin countries, weight or quantity, and invoice value, and since January 2022 also the country of origin for dispatches and the VAT ID of the recipient.

On December 23, 2025, Hungary enacted Decree No. 45/2025, setting new transfer‑pricing documentation thresholds. The decree requires local files for related‑party transactions above 150 million HUF and master files for those above 500 million HUF, while offering simplified documentation for low‑value services.

The European Court of Justice ruled in Case T-363/25 that VAT deductions cannot be claimed on re-invoiced supplies when the underlying transaction structure is deemed fictitious. A Hungarian automotive parts trader was denied input VAT deduction on purchases from German suppliers re-invoiced through a domestic intermediary.