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Budapest

FALCON Budapest - office location

 

Are you arriving to Budapest by plane? You can either choose public transport, or simply take a cab at the airport and travel directly to our office located in Ulászló street. Please find the available transportation options at the website of the airport: https://www.bud.hu/utazas/kozlekedes

Are you arriving to our office by car? You can find parking space in Ulászló street, however, please note that there is a parking charge. You buy your parking ticket at one of the ticket vending machines in the street. If you need assistance, please ask our colleagues.

Are you arriving to Budapest by train? Please get off at Kelenföld train station, select either trams 19 or 49 and get off at Kosztolányi Dezső square. Our office is just a few steps away.

Are you using public transportation? Our office is located in a frequented area which is easily accessible by several forms of public transport - i.e. bus, underground (M4, green line, station Újbuda-központ), tram. For details please check https://bkk.hu/ or ask our colleagues for assistance.

We are looking forward to your visit!

 

1114 Budapest, Ulászló u. 27.

 

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FALCON Budapest Office

Tax News

Tax News (HU) - Tax law changes 2013 - Tax procedure

Key changes from 2013: Obligatory representation by tax lawyers or tax consultants in certain procedures. Changes in the area of competence of the customs authority and tax authority. Amended rules of binding ruling requests. Simplification of administration requirements. New rules in the suspension and deletion of tax identification numbers. Risk analysis carried out by the tax authority. Certificates issued by the tax authority. Self-revision. Reporting of the online access to electronically issued invoices to the tax authority. (This article is available in Hungarian only.)
17.12.2012

Tax News (HU) - Tax law changes 2013 - Other taxes

Key changes from 2013: Amendments in the special tax schemes for small entrepreneurs ('KATA', 'KIVA'). When calculating the local business tax base, the net revenues may be reduced by the costs of goods sold and mediated services with limitations. The calculation method of temporary activities subject to local business tax has been changed. The uniform rate of the inheritance tax and the gift tax will be 18%. The 2% reduced transfer tax for the acquisition of residential property cannot be applied anymore. The special transfer tax rules for transactions that were concluded below the market price will not be applicable. (This article is available in Hungarian and German.)
17.12.2012

Tax News (HU) - Mid-year tax law changes - VAT

Comprehensive tax law changes were adopted in Hungary in June 2012, parts of which will take effect or have taken effect already in 2012. Other changes relate to 2013. It is important to review the changes in VAT for 2013 already now, because the required modification of the information systems may take time. Similarly to transactions within the EU, summarizing statements will be introduced for the reporting of domestic transactions. Above a certain threshold it will be obligatory to indicate the customer's VAT number on the invoices. (This article is available in Hungarian only.)
30.09.2012

Tax News (HU) - Mid-year tax law changes - Tax procedure

Comprehensive tax law changes were adopted in Hungary in June 2012, parts of which will take effect or have taken effect already in 2012. Other changes relate to 2013 (Act LXIX of 2012). With regard to the tax procedure law, we draw your attention to the limitations introduced for petty cash payments, as well as to the modified rules of the tax registration procedure. (This article is available in Hungarian only.)
30.09.2012

Tax News (HU) - Mid-year tax law changes - Real estate transfer tax

Comprehensive tax law changes were adopted in Hungary in June 2012, parts of which will take effect or have taken effect already in 2012. Other changes relate to 2013. The most important changes to the real estate transfer tax relate to the tax exemption of the sale of immovable property between related parties and the amended conditions of the reduced 2% tax rate available for property traders. (This article is available in Hungarian only.)
30.09.2012

Tax News (HU) - Mid-year tax law changes - Personal income tax

Comprehensive tax law changes were adopted in Hungary in June 2012, parts of which will take effect or have taken effect already in 2012. Other changes relate to 2013. Our article summarizes the most important changes concerning personal income tax. The law changed the range of the tax exempt employee benefits and the procedural rules of the declarations concerning the application of the 27% tax base increase. (This article is available in Hungarian only.)
30.09.2012

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