ArticleInfringement Proceeding Against HungaryThe European Commission („EC") has launched an infringement proceeding against Hungary in July 2018.European UnionEnergy and Natural ResourcesKCG Partners Law Firm
ArticleSignificant Changes In Family SupportAccording to some sources from the Hungarian Prime Minister's Office, a lifelong personal income tax exemption is planned to be applied to mothers with at least three children.HungaryFamily and MatrimonialKCG Partners Law Firm
ArticleVAT Exemption For Small Enterprises Might Be Increased To HUF 12 MillionThe finance ministers of the European Union Member States support the request of the Hungarian Government relating to the tax reduction and simplification for small enterprises.HungaryTaxKCG Partners Law Firm
ArticleExpected Changes In The Undivided Joint Ownership RulesAs Mr. István Nagy, Minister of Agriculture explained in September 2018, „the undivided joint ownership paralyses the Hungarian economy, and from a competitiveness point of view it is essential...HungaryReal Estate and ConstructionKCG Partners Law Firm
ArticleEU Court's Decision On The Hungarian Food Chain Inspection Fee And Tobacco Sales TaxIn 2015 Hungary introduced two special progressive taxes, i.e. the ‘food chain inspection fee' in order to cover the costs of sanitary inspections and the ‘healthcare contribution' to reduce the negative effects ...HungaryTaxKCG Partners Law Firm
ArticleEuropean Parliament's Transport Committee Rejected A Part Of The Mobility PackageIn 10 January 2019 TRAN rejected two of the three reports from the Mobility Package and supported the proposal that freight trucks in the European Union should return every three weeks to the country of registration of the company. HungaryTransportKCG Partners Law Firm
ArticleLimitation On The Number Of Third-Country Nationals Employed In HungaryThe Hungarian Minister of Finance announced on 7 August 2018 that the maximum number of third-country nationals who might be employed in Hungary with work permit shall be 55,000. HungaryImmigrationKCG Partners Law Firm
ArticleModifications Again Relating To The Formal Requirements Of Using Witnesses In HungaryAccording to the current wording of the Code of the Civil Procedure, a private document, until proven otherwise, must have full probative force, verifying that the issuer ...HungaryLitigation, Mediation & ArbitrationKCG Partners Law Firm
ArticleAttila Péterfalvi On The GDPRAttila Péterfalvi, the president of the Hungarian Data Protection Authority, on 19 April 2018 made some relevant comments regarding the GDPR during an interview with a Hungarian online newspaper "Jogifórum". HungaryPrivacyKCG Partners Law Firm
ArticleJoint Statement In The CybersecurityA joint statement was issued by Andrus Ansip (EC Vice-President), Dimitrisz Avramopulosz, Julian King and Mariya Gabriel (EU Commissioners) on the first EU-wide legislation on cybersecurity ...European UnionTechnologyKCG Partners Law Firm
ArticleNew Decision Of The Constitutional Court On The Establishment Of Water Line Easement In HungaryThe Constitutional Court of Hungary declared that this provision is contrary to the Fundamental Law of Hungary since the right to seek proportional compensation cannot be excluded by law.HungaryReal Estate and ConstructionKCG Partners Law Firm
ArticleMoratorium On Well Permission Expires On 31 December 2018There can be even 1 million wells or borehole in Hungary with an unclarified status that had been built without a permit in the last decades. HungaryEnergy and Natural ResourcesKCG Partners Law Firm
ArticleInformation Website Has Been Launched About The Electronic Communication With Courts And AuthoritiesInformation Website Has Been Launched About The Electronic Communication With Courts And Authorities.HungaryMedia, Telecoms, IT, EntertainmentKCG Partners Law Firm
ArticleCorporate Tax Avoidance Practices Will Be Eliminated In The EUNew EU rules have been created to eliminate the main loopholes used in corporate tax avoidance, entered into force on 1 January 2019.European UnionTaxKCG Partners Law Firm
ArticleExchange Of Views With ECON, IASB And IFRS FoundationOn 19 March 2018 the annual exchange of views between the Committee on ECON of the European Parliament and the representatives of the IASB and the IFRS Foundation was significant...HungaryAccounting and AuditKCG Partners Law Firm
ArticleFurther Developments Of The Electronic Public AdministrationAccording to the official communications, the Hungarian Government is determined to make steps towards the simplification of the public administration while increasing its quality. HungaryGovernment, Public SectorKCG Partners Law Firm
ArticleA New Hungarian VAT And Stamp Duty Scheme Is Proposed By Real Estate DevelopersThe discounted 5% VAT rate introduced in 2016 will be abolished as of 1 January 2020, meaning that the 27% VAT HungaryTaxKCG Partners Law Firm
ArticleNew Online Audit System Of The Hungarian Tax Authority In HungaryThe online audit system may be used only with electronic signature.HungaryTaxKCG Partners Law Firm
ArticleTöbb mint kétszer annyit adóznak a hagyományos cégekA fenti folyamatokat figyelembe véve nem csoda, hogy az Európai Bizottság 2018.HungaryTaxKCG Partners Law Firm