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Commentary

VAT deregistration (Hungary)

21 Hungary

There are a number of reasons why a business may wish or be required to cancel its VAT registration by filing the relevant form with the tax authority. The main reasons for doing so are as follows:

  1. Ìý

    •ÌýÌýÌýÌý Turnover falls below the VAT registration threshold (see 21.1).

  2. Ìý

    A business in this situation can choose whether to continue

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