He has more than fifteen years of experience in tax audits and in Hungarian and international tax advisory services, including, among others, the drafting of tax advisory letters and positions as well as tax planning for Hungarian and international companies and groups. He is the head of the entire tax practice of RSM Hungary Zrt. He participates in the preparation and professional revision of due diligence reports, tax advisory letters and transfer pricing documentations. He regularly appears in the press to talk about professional tax issues. He is also an opinion-leader in our international network, he is a founding member of RSM's International Tax Club.
15th of May marked the proclamation of the legislation that requires businesses to prepare Country-by-Country Report (CbC) reports. Hereby we summarize the most important issues and deadlines impacting Hungarian firms, including when the Hungarian companies need to submit their CbC reports and the obligations of firms whose parent companies are in the United States, which for the moment is a special case, regarding data reporting.
The proposed package of tax law amendments includes important changes concerning KATA (small taxpayer’s itemized lump sum tax),KIVA (small enterprise tax),local business tax, health contribution, social contribution tax, duty and vocational training contribution from 1 January 2017.
The text of the draft tax bill also contains a few provisions that introduce new rules to the Act on Personal Income Tax, while the majority of the changes represent supplementation and clarification of effective statutory provisions.