Summary 407 posts
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.
Read moreIn her last speech on the termination of the EU membership of the United Kingdom, Prime Minister Theresa May said she envisaged full departure from the EU and did not intend to keep certain elements of EU membership. „We do not seek to adopt a model already enjoyed by other countries. We do not seek to hold on to bits of membership as we leave.”
Read moreWhen determining and changing transfer prices, entities importing from related parties do not only have to pay attention to accounting, transfer pricing, (import) VAT but also to their customs processes, with special regard to liabilities.
Read moreThe Hungarian Parliament has postponed the requirement to provide real time invoice data to the Hungarian Tax Authority (HU TA) until 1st July 2017.
Read moreRSM Hungary has been appointed by IBFD as a correspondent of tax news (TNS) for Hungary as of November 2016.
Read moreOn 24 November 2016, the Government and the employer and employee organizations signed an agreement about minimum wages for 2017 and 2018.
Read moreThe 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.
Read moreThe 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.
Read moreThe most important elements of the proposed changes in the Act on the Rules of Taxation (ART) are aimed at curbing tax fraud and the black economy and moderating the risk of infringements for taxpayers and also address taxpayer qualifications and the preparation of draft tax returns.
Read moreThe majority of the amendments of the CIT Act are aimed at the expansion of tax benefits, some appear in the draft legislation in the form of tax base benefits, while others as tax benefits.
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