A procedure is to be introduced for reclaiming VAT withheld under a legislative provision ruled incompatible with EU law.

Companies and individuals issuing invoices in Hungary are required to adhere to new processes and program functions from 1 January 2016.

This article is the sixth one in a seven-part series of articles covering the important rules of corporate taxation in Hungary.

Irodánk mind a magyar, mind a német, osztrák és európai adójogot illetően magas szakmai színvonalú, kompetens és időszerű válaszokat ad az ...

In Hungary, as in the other member states of the European Union (EU), sales tax is levied according to the principle of value added tax (VAT). VAT is a tax principle

This article is the fourth one in a seven-part series of articles covering the important rules of corporate taxation in Hungary.

Globally active companies can set up a subsidiary, a branch or a permanent establishment abroad for their foreign economic activities. The decision regarding the optimal organizational structure has...

Hungary has positioned itself as one of the most tax-friendly destinations for creative professionals and athletes through the Simplified Public Burden Contribution (EKHO), featuring an effective tax rate as low as 17%—the lowest in the OECD.

In June of this year, the Hungarian government decided to allow Hungarian companies to prepare stand-alone financial statements in accordance with IFRS. The relevant laws were then amended and passed on 17 November.

As the trend of remote work continues to rise, many professionals are choosing to live a more flexible lifestyle as digital nomads.

Azaz annak eldöntésében, hogy az adott termék a chipsadó megfizetésének kötelezettsége alá tartozik, az elsodleges, hogy a vámtarifa számok szerinti – általános, vagy egyedi - értelmezéshez...

Hungary and its capital of Budapest is being touted as the next London or Berlin for entrepreneurs, with competitive corporate tax rates and a booming economy.

Bis vor kurzem existierte das Thema Steuerresidenz in Ungarn nur auf Papier auf der Grundlage von Steuergesetzen und internationalen Steuerabkommen...

Hungary is poised to introduce a groundbreaking legislative proposal that could reshape its economic landscape in 2024.

From the start of 2012, transfer pricing documentation requirements have been simplified but, at the same time, the penalties for non-compliance have increased.

Mikro- und Kleinunternehmen müssen keine Innovationsabgabe zahlen...

Hungary has ended the state monopoly on the online sports betting market and this now makes way for the market entry of operators incorporated in the European Economic Area (EEA) ("EEA Operators").

Asset protection is an essential consideration within the overall process of estate planning. Estate planning involves the management and distribution of one's assets during their lifetime and after death.

Die Kontrolle durch die Steuerbehörde erstreckt sich nicht nur auf Unternehmen, die in Steuerhinterziehung verwickelt sind, sondern überprüft auch immer die Steuerpflichtigen...