Published: March 23 2023
Summary:
Hungarian tax authorities, the National Tax and Customs Administration (NAV), are conducting inspections on automobile workshops in the country to crack down on the use of fake auto parts and illegal software. The Hungarian arm of Deloitte Legal has warned that wholesalers can impersonate a number of fictitious buyers who make bulk purchases for large sums, only to deliver them to the actual buyers, who are often other companies or individuals nearby. The NAV is now carrying out shorter, more concentrated checks on the affected buyers to get them to voluntarily make up for tax arrears. If the inspection is unsuccessful, a longer, more thorough one will result, after which a penalty would be imposed, if necessary.
Key Points:
- The National Tax and Customs Administration (NAV) of Hungary is inspecting vehicle workshops in the country to crack down on fake auto parts and illegal software use.
- The Hungarian unit of Deloitte Legal has discovered several fictitious buyers online, who would make significant bulk purchases, only for the items to be delivered elsewhere.
- Navigation authorities are imposing shorter, stricter checks on buyers to encourage voluntary adjustment of arrears, with the possibility of a heavier penalty upon failure to comply.
Source article:
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