A fifteen percent fee payment obligation will be introduced for unused SZÉP Card benefits
The new regulation allows card issuers to charge a 15 percent fee for amounts…
VAT questions in connection with the complexity of event organization
In the issue of Taxation Question 2022/7 on the VAT assessment and invoicing of…
Reimbursement of commuting expenses in 2023
The rules for reimbursement of commuting expenses has changed from 28 January…
Changes to the Accounting Act in 2023
Along with the tax acts, the Parliament adopted changes to the Accounting Act…
Legislative changes related to transfer pricing affecting financial year 2022
As we already indicated in our previous Newsletter, the Parliament adopted Bill…
The 5% VAT rate can be applied to the sale of newly built residential property until the end of 2024
Based on the provisions of the VAT Act, the 5 percent reduced tax rate can be…
Reverse taxation on agricultural, steel products and the sale of GHG emission units will continue to exist from 1 July onwards
Under the earlier regulation as of 30 June 2022 direct taxation should have…
Change in transfer pricing regulations
On 21 June 2022, a draft law (Bill No. T/360 on the establishment of Hungary's…
The Parliament adopted new changes to the tax legislation as part of next year's budget law
Bill No. T/360 was submitted on 21 June 2022 on the preparation of Hungary's…
New rules came into force on extra profit taxes
Government decree No. 197/2022 (VI. 4.) was published at the beginning of the…