Gábor Szabó CYPRUS | Considers Corporate Tax Break To Retain Business Source: www.lowtax.net Cypriot authorities are considering introducing a new tax exemption on reinvested corporate profits in a bid to prop up the island’s economy, and may also authorize the establis... Apr 11, 2013
Gábor Szabó HUNGARY | Double Tax Treaties Hungary has signed 74 agreements ( 74 DTT agreements) for the avoidance of double taxation and providing for the exchange of information. Here you can find the DTTs table and text on the OECD’s websit... Apr 9, 2013
Gábor Szabó The MNB is launching the Funding for Growth Scheme (FGS) In Hungary, outstanding corporate loans have been declining steadily since end 2008. This is an especially unfavourable phenomenon for small and medium sized enterprises, as they are more prone to cre... Apr 4, 2013
Gábor Szabó HUNGARY: Corporate tax of small businesses (KIVA) The newly formed companies are able to choose this brand new taxpayer status. The tax rate of the KIVA is 16%, the tax base is the gain of the annual cash balance of the company and the annual amount ... Apr 3, 2013
Danku Tamás, TEP HUNGARY: Corporate tax of small businesses (KIVA) The newly formed companies are able to choose this brand new taxpayer status. The tax rate of the KIVA is 16%, the tax base is the gain of the annual cash balance of the company and the annual amount ... Apr 3, 2013
Gábor Szabó CYPRUS: Update on Temporary Restrictive Measures on Transactions The Central Bank of Cyprus (CBC) announced on 2 nd April 2013 an update to the temporary restrictive measures on transactions. As mentioned before the credit institutions reopened, the CBC will closel... Apr 3, 2013
Gábor Szabó Temporary Restrictive Measures in Cyprus We would like to inform you that the Cyprus banks will restart their operations today. Please find below for your information and facilitation, the link for the temporary restrictive measures imposed ... Mar 28, 2013
Danku Tamás, TEP Temporary Restrictive Measures in Cyprus We would like to inform you that the Cyprus banks will restart their operations today. Please find below for your information and facilitation, the link for the temporary restrictive measures imposed ... Mar 28, 2013
Gábor Szabó Eurogroup: Cyprus Financial Programme – Update George Themisthoucleos, AudiChart Ltd; Cyprus Introduction: On March 25th 2013, the EUROGROUP has reached a decision that was imposed on the Cyprus Government for the alleged “Bail-out” of the Cyprus ... Mar 28, 2013
Danku Tamás, TEP HUNGARY | The concept of company’s registered address according to the new Civil Code The New Civil Code (Act 5, 2013) was published in the 31st edition of the Hungarian Official Gazette, which will come into force on 15th of March, 2014 and determines properly the concept of the regis... Mar 27, 2013
Gábor Szabó The compulsory chamber registration fee of 2013 payable in March The businesses shall pay the compulsory registration fee until 31th of March, 2013 to the competent territorial chamber of commerce, which remains HUF 5000. The registration fee of the company shall b... Mar 24, 2013
Danku Tamás, TEP Cypriot Tax Regime Sabotaged In EU Bailout by Lorys Charalambous, Tax-News.com, Cyprus Much has changed since July 2012, when, in reaching out for a European Union (EU)-funded bailout, the Cypriot Government resolutely denied the possibility o... Mar 19, 2013