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The legislation containing the summer tax package was enacted on 14 July 2023, it is the Act LIX of 2023 on the airlines’ contribution and the…

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The Act XXV of 2023 on complaints, public interest statements and the reporting of abuse has entered into force on 24 July 2023. The law requires that…

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| Bratislava

For the first half of 2023, several changes have been approved, which have already taken effect, or will take effect in January 2024. What is new in…

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An amendment to the NGM decree 32/2017. (X.18.) on the documentation duties in connection with the determination of the arm’s length price has come…

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| Budapest

Value-added tax

  1. 5% VAT rate of new residential real estates extended until 31 December 2024

The amendment prolongs the application of the beneficial…

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| Budapest

With a government decree issued on 4 June 2022, the Hungarian Government levied special taxes to divert the so-called “extra profit” of certain…

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| Budapest

On 9 June the Hungarian Government has published its latest, summer tax package, which covers many tax fields. Most of the changes will only become…

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| Budapest

  1. More enterprises can request wage subsidies in March: The wage subsidies available since September 2020 for companies active in distressed sectors can…
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| Budapest

As of 1 July 2020, a number of legal changes have become effective in Hungary that alter the day-to-day reporting obligations of companies doing…

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