Hungary's parliament has reportedly approved the Central Budget Bill for 2021, which includes, among other measures, the deferral of the initial reporting of cross-border arrangements (DAC6) due to COVID-19 as provided by Council Directive (EU) 2020/876. With the deferral:
- the standard 30-day period for reporting begins on 1 January 2021 instead of 1 July 2020, including for reportable arrangements between 1 July and 31 December 2020;
- the deadline for reporting historical arrangements betwee…