The three-month grace period will run between 1 January 2021 and 31 March 2021. During this time, no penalties will be imposed in the case of non-compliance with the extension of the RTIR obligation. This grace period will aid businesses through a smooth transition to the new system during the difficult times of the pandemic. Extension of real-time invoice reporting in Hungary As of 1 July 2018, it has been obligatory to provide real-time data on invoices containing VAT amounts of at least 100 000 HUF, issued for transactions between domestic taxpayers. The files are directly transmitted through The National...