Legal tax optimisation: VAT-free payment with the use of debt assumption
Certain business transactions can be carried out without the actual payment of VAT, yet very few taxpayers seize the opportunity afforded by VAT debt assumption.
Read moreManager, Tax services
Ottó Bulátkó is a qualified lawyer, tax advisor. He joined the RSM tax team in 2014 and has been engaged in taxation matters directly or indirectly for 15 years. He began his career at the tax authority, working on the interpretation and maintenance of the Act on tax proceedings and also took part in the electronic tax administration development projects. Then he gained years of experience in the audit of Large Taxpayers.
His main professional field of expertise includes tax audits, tax representation and contact with the tax authority, voluntary tax allocations and spectacular sports support.
Certain business transactions can be carried out without the actual payment of VAT, yet very few taxpayers seize the opportunity afforded by VAT debt assumption.
Read moreIn a recent ruling with Hungarian implications, the European Court of Justice declared again that the Hungarian VAT Act is in conflict with Community law. According to the ruling, the pharmaceutical companies concerned, may reclaim a part of their VAT payment from the state health insurance funds.
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