Legal provisions of COM(2018)126 - Authorisation of Hungary to derogate from Article 193 of the VAT Directive

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dossier COM(2018)126 - Authorisation of Hungary to derogate from Article 193 of the VAT Directive.
document COM(2018)126 EN
date May 25, 2018

Contents

Article 1

By way of derogation from Article 193 of Directive 2006/112/EC, Hungary is authorised to provide that the person liable for payment of VAT is the taxable person to whom any of the following supplies are made:

(a)the supply of capital goods by a taxable person subject to liquidation or any other proceedings legally establishing its insolvency;

(b)the supply of other goods and services with an open market value exceeding HUF 100 000 at the time of supply by a taxable person subject to liquidation or any other proceedings legally establishing its insolvency.

Article 2

This Decision shall take effect on the date of its notification.

This Decision shall expire on 31 December 2021.

Article 3

This Decision is addressed to Hungary.