Determination of the date of supply concerning service import

Based on the general rules, when the Hungarian taxable persons purchasing services from abroad the place of supply of the given service will be situated in Hungary (where the recipient of the service has its fixed establishment that is closely connected with the given service). Further to the place of supply rules, it is also important how to define the date of supply, i.e. the date when the VAT becomes due on the purchasing of the given service. Our tax alert intends to clarify the rules of the Hungarian VAT legislation in this respect.

If you are interested in this topic for detailed information please contact our legal experts and we will provide you with a short summary.