Guideline of the tax authority – meaning of useful floor area regarding to Law on VAT

August 30, 2016

The tax authority published on its website an interpretation about how to understand the concept of useful floor area in case of applying the discount (5%) tax rate during the purchase of specified real estates.  

Full text of interpretation in Hungarian is available here.

If you are interested in the above topic please contact our experts at Ecovis Tax Solution who would be entirely at your disposal to assist you.