- Hungary has brokered an agreement on a value-added tax update for the EU
- The agreement clears the way for formal approval by finance ministers on Nov. 5
- This update will impact how VAT is applied in EU countries
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
