Danku Tamás, TEP Reporting Obligation to Hungarian Central Register of Beneficial Owners (CRBO) As of December 31, 2017, legal representatives of corporate entities (companies, partnerships), other private law corporations (private law foundations, coops, associations) and trusts are obliged for... Jan 7, 2018
Robert Tornyi ’cégkapu’ as new mandatory electronic availability for companies The ‘Cégkapu’ will be in full operation from 01.01.2018., actually the companies can (and must) registerand open its own ‘Cégkapu’ as storage space. From January, 2018 the companies (and other busines... Sep 22, 2017
Danku Tamás, TEP HUNGARY | Mid-year tax updates 2017/2018 Personal Income Tax Based on the rules valid from 2018, the employer can provide a total of 5 years of tax-exempt housing allowance for a worker whose residence is at least 60 kilometers away from the... Jul 16, 2017
Danku Tamás, TEP Public holidays in Hungary in 2017 March 15, 2017, National Day April 14, 2017, Good Friday April 17, 2017, Easter Monday May 1, 2017, Labour Day June 5, 2017, Pentecost August 20, 2017, St. Stephen’s Day October 23, 2017, Repiblic Day... Feb 4, 2017
Danku Tamás, TEP HUNGARY | Update of Value Added Tax 2017 Several VAT rates are used: it has been long overdue in the case of food, the reduction of VAT in hospitality has not really been thought out in detail, and the reduced VAT rate of the Internet is rat... Jan 1, 2017
Danku Tamás, TEP HUNGARY | Update of personal income tax 2017 The personal income tax has been amended on several points during the year as well. In the following part we present those changes in SZJA, KATA and EHO (health care contribution) that are considered ... Dec 30, 2016
Danku Tamás, TEP HUNGARY | Changes of Corporate Tax 2017 Corporation tax was changed during the year, in order to carry out the “OECD BEPS Action Plan”, and in the autumn two amending packages were brought to the Parliament, which already include new rules ... Dec 29, 2016
Danku Tamás, TEP HUNGARY | Requirements concerning billing and billing software in 2017 From next year on it is only possible (recommended) to use billing software that complies with the new requirements and forwards the details of the issued invoices real-time to the tax authority. From... Dec 28, 2016
Danku Tamás, TEP 9% – Hungary to offer EU’s lowest corporate tax rate from y2017 The prime minister of Hungary said the coporate tax will be 9% in Hungary for all corprate tax payer. The general corporate tax rate currently 19% and if the profit of is under HUF 500 million, the di... Dec 4, 2016
Danku Tamás, TEP 9% – Hungary to offer EU’s lowest corporate tax rate from y2017 The prime minister of Hungary said the coporate tax will be 9% in Hungary for all corprate tax payer. The general corporate tax rate currently 19% and if the profit of is under HUF 500 million, the di... Dec 4, 2016
Danku Tamás, TEP Rating Action: Moody’s upgrades Hungary’s government bond ratings to Baa3; stable outlook Source: Moody’s Global Credit Research – 04 Nov 2016 London, 04 November 2016 — Moody’s Investors Service, (“Moody’s”) has today upgraded Hungary’s long term issuer and senior unsecured government bon... Nov 5, 2016
Danku Tamás, TEP EP passes resolution on aggressive corporate tax planning www.itpa.org 16 December 2015, the European Parliament approved a resolution setting out the legal steps needed to improve corporate tax transparency, coordination and EU-wide policy convergence. The ... Jan 16, 2016