Summary 198 posts
A brand new era began in Hungarian tax administration practices on 1 May in terms of the cooperation between NAV and the taxpayers as this day marked the actual entry into force of the new taxpayer classification rules in force since January.
Read moreOn 3 May, bill no. T/10537 was submitted to the Parliament proposing changes concerning VAT with effect from this year, 2017 and 2018.
Read moreChanges in the classification of reliable and risky taxpayers Based on the tax law amendment proposed for 2017, three years of continuous operation will no longer be a precondition for becoming a reliable taxpayer for public limited companies starting from 1 July 2016.
Read moreKATA (small taxpayers’ itemized lump sum tax) The 2017 tax law proposal modifies the definition of the income of small taxpayer enterprises. According the new definition, the KATA-taxpayer may disregard in the calculation of his income the amount of subsidies provided to cover costs and for development purposes.
Read moreBill no. T/10537 for the Amendment of Certain Tax Laws and Act CXXII of 2010 on the Hungarian Tax and Customs Authority is already available on the Parliament’s website. The bill contains the following important changes:
Read moreTaxi drivers protesting against Uber drivers on the streets, articles about the concerns of civil organizations of hotels and providers of traditional accommodation services in electronic papers and so on. This new economic segment growing at frightening speed cut the ground that so far seemed to be so solid from under the feet of former market players.
Read moreThe much publicised, and long awaited European Commission Action Plan on VAT has been released.
Read moreIn my previous post I summarize what you need to know about taxes in Hungary. Now you can find 7 points about the FAQ of Hungarian VAT.
Read moreIn this respect quite a few tools are available to businesses, including among other things the introduction of centralised purchasing and standardised corporate governance systems, the standardisation and/or the simplification of processes or the centralisation of functions performed in parallel at different locations.
Read moreI am a foreign business. How do I start doing business in Hungary?
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