Our experts

Zsolt Kalocsai

Chairman of the Board
Managing Partner

The founder of the RSM group with more than 20 years of experience in accounting and the domestic and international taxation of medium-sized companies and multinational conglomerates. In addition to leading RSM, he is actively involved in the design of Hungarian and international tax structures, private wealth planning and corporate restructuring. He is a member of the Presidium or Supervisory Board of a number of organisations.

Phone+36 1 886 3700; +36 1 886 3701

Zsolt Kalocsai's posts

Zsolt Kalocsai

Strong brand drives growth for RSM

Leading audit, tax and consulting network, RSM, has reported growth in global fee income of 7.6% for the year ending 31 December 2016. Total fee income for the period increased to US$4.87billion.

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Zsolt Kalocsai

Company acquisition, but how? Share, asset or division purchase?

If a seller starts negotiations for the sale of its company, the first thing to clarify is what the subject matter and the proposed structure of the transaction is. In this regard, there are generally three basic solutions that should be considered; the options of a share deal, an asset deal or a division transfer.

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Zsolt Kalocsai

The Hervis affair: not over yet!

As any decision of the Court of Justice of the European Union concerning Hungary, the case of Hervis Sport- és Divatkereskedelmi Kft. (C-385/12) also received much attention, but this matter was not resolved with last week’s decision. The ball is on the Hungarian court again as it is now up to the Hungarian court to decide whether the special retail tax is actually detrimental to foreign company groups.

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Zsolt Kalocsai
Zsolt Kalocsai
Zsolt Kalocsai

The number of new businesses is low in Hungary but growing rapidly in emerging countries

Despite the global crisis, the number of businesses grew spectacularly in recent years in large emerging economies. While from 2007 to 2011 the number of active businesses increased by only slightly more than 3 percent in the most developed countries of the world, there was a 25 percent growth in this regard within the BRICS group of the largest emerging countries – the survey “Business Births and Deaths” of the international financial and tax consulting network RSM International reveals. News is even worse from a Hungarian perspective as we have the worst result even within the European league: in 2011, the number of active businesses exceeded that of 2007 by only 0.3 percent.

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