Hungary Releases Draft Form for QDMTT Advance Payment Obligation

Hungary's National Tax and Customs Administration (NAV) has announced the release of the draft version of the 24GLBADO form, which will be used to declare and pay the qualified domestic minimum top-up tax (QDMTT) advance under Hungary's implementation of the Pillar 2 global minimum tax GloBE rules. This includes that a domestic group member or a designated local entity acting on its behalf must declare and pay the QDMTT advance for a tax year by the 20th day of the 11th month after the end o…