Summary 206 posts
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.
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.
Read moreElectronic Road Control System (EKAER) has been introduced in 2015 and was modified several times since. This time the definition of the qualified vehicle changes from 1 August 2016.
Read moreOECD published specific legislation recommendations in relation to BEPS Action no. 13.
Read moreOn 27 January 2015, the Council of the European Union accepted Council Directive 2015/121 amending the Parent-Subsidiary Directive No. 2011/96/EU (hereinafter: the Directive) to combat abuse.
Read moreDuring the spring season the Parliament accepted Act LXVI of 2016 covering personal income tax (PIT) changes, which also substantially and fundamentally amends at several points fringe benefits giving the backbone of cafeteria systems. The changes may force companies to rethink their cafeteria systems. We wish to help in this process with this post.
Read moreThis is to let you know that Hungary started providing 13th Directive VAT refunds for the Norwegian companies.
Read moreCurrently, businesses registered in Hungary are required to provide additional information on invoices with a VAT value of at least 1,000,000 HUF.
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