Professional consultation has been started on the introduction of paperless receipt, coordinated by the Hungarian Tax Authority. The new system, which is in sight, will replace […]
The European Commission submitted the long-awaited VAT in The Digital Age proposal package on 8 December 2022. Once it is adopted by the Council, it will […]
The Ministry of Finance released the draft amendment to the decree on the registration of arm’s length price determination for social consultation. The draft contains two […]
On 12 December 2022, the EU Member States have reached a unanimous agreement to implement the Directive on the global minimum taxation and advised the European […]
In this newsletter, we would like to inform you about the most significant tax law amendments of the 2023 Tax Package published on 23 November. Personal […]
Following the Government decree 298/2022 on the payment of corporate income tax in foreign currency published in August, taxpayers will also have the option to pay […]
Most taxpayers may have not anticipated the 2022 summer tax package, nor the two additional measures that have also resulted in changes. However, the most recent […]
The United States gave Notice of Termination to Hungary in relation to the U.S-Hungary double tax treaty. On 8 July 2022, The Government of the United […]
The judgement of the European Court of Justice (ECJ) in case C-333/20. Berlin Chemie A. Menarini is a new milestone in the interpretation of the concept […]
On 22 December 2021, the European Commission published a proposed Directive targeting aggressive tax planning techniques linked to the use of shell companies. On this basis, […]
The two-pillar initiative of the OECD and G20 countries was originally drafted about two years ago with the aim to combat harmful tax practices and create […]