UPDATE – Changes in the administrative requirements in Hungary from 1st July 2017
Real time reporting of invoices and new threshold of the domestic itemized report - key issues and potential changes for enterprises.
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Real time reporting of invoices and new threshold of the domestic itemized report - key issues and potential changes for enterprises.
Read moreAlthough the change has been in force for over a year, those who did no prepare an interim report (for example, because of the payment of dividend advance) are only faced with the relating practical tasks now in the period of preparation of financial statements.
Read moreLeading 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.
Read moreIf 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.
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