New EU rules have been created to eliminate the main loopholes used in corporate tax avoidance, entered into force on 1 January 2019.

Corporations often use loopholes to avoid paying taxes, by shifting profits to EU countries with lower taxes.

According to an amendment to the Hungarian Corporate Income Tax Act approved in July 2018, taxpayers may be eligible for higher tax allowance in connection with an investment project...

The most common types of companies in Hungary are KFT (Limited Company) and ZRT (Private Limited Company).

On 15 January 2019 the Commission has kick-started the debate on reforming decision-making for areas of EU taxation policy

The payment in euros is gaining an increasingly important role in Hungary, especially in the payment of corporate tax, which since August 2022 can be paid not only...

The Hungarian government is contemplating to introduce the concept of REIT (Real Estate Investment Trust), in order to re-vitalise stagnant real estate market activity and to support utilisation of the high volume of distressed properties.

A jelen cikkben felvázoljuk, hogy az egyes európai országokban a cégalapítás milyen adójogi vonzatokkal jár.

Einmal im Jahr können Unternehmen erklären, dass sie Körperschaftsteuerzahler werden möchten. Die Wahl dieser Form kann eine Reihe von Vorteilen haben, wie zum Beispiel Steuereinsparungen...

Hungary is to opt out of the proposed EU competitiveness pact because of its opposition to the proposed adoption of a common consolidated corporate tax base.

A new definition for the controlled foreign company in Hungary has made regulation simpler and easier.

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

The first agreement on the avoidance of double taxation and prevention of fiscal evasion between Hungary and Iran entered into force on 1 January 2017.

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

Hungary offers one of the most favourable tax environments in the European Union for crypto-related businesses. With a flat corporate income...

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

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.

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.

Mikro- und Kleinunternehmen müssen keine Innovationsabgabe zahlen...

The global minimum tax is no longer a distant concept for multinational enterprises (MNEs) and large domestic corporate groups in Hungary.