Hungary GloBE Registration Form Available for Submission

Section 44(1) of the GMT Law (Act LXXXIV of 2023) provides that a Hungarian entity within the scope of the GloBE rules (or a designated domestic entity acting on its behalf) is required to notify the tax authority within 12 months from the beginning of the tax year concerned (ie December 31, 2024 for the 2024 calendar tax year. In the case of  taxpayers not using the calendar year basis, the reporting deadline is the last day of the 12th month from the start day of the tax year beginning in 2024).

On November 15, 2024, the Hungarian Tax Authority issued the draft registration form (see Hungary Issues GloBE Registration Form and Domestic Filing Entity Form).

In December 2024, the Hungarian Tax Authority issued Updated Instructions for the submission of the registration forms. They can now be submitted via ONYA (Online Nyomtatványkitöltő Alkalmazás) e-services portal of the Hungarian Tax Authority Website.