Government Decree 487/2020 (XI. 11.) which entered into force on 12 November 2020 made the rules of remote working more flexible

Switching to small business tax scheme (KIVA): the year-end is the most appropriate period for the decision

If your company was required to prepare a Local File for the 2019 tax year, a Master File must also be available (for a calendar year taxpayer) by 31 December 2020.

VGD joined the 25-years-old Swisscham Hungary to plant 25 trees in Népliget (Budapest)

As we wrote earlier, although the United Kingdom (UK) withdrew from the European Union (EU) on 31 January 2020, it managed to keep all pre-existing customs and tax rules unchanged by the end of the 2020 calendar year.

Last week, the CJEU’s proceedings in the case of the Hungarian advertising tax and the Polish tax on retail sector took an interesting new turn.

On 13 October 2020 the Government submitted the autumn tax bill to the Parliament. The bill affects almost all Hungarian tax laws; following the final vote of the Parliament, we will also inform our clients in detail about the adopted changes.

Foreign, EU and non-EU companies - depending on the purpose of their activity - can choose from several business forms if they would like to carry out their taxable activities in Hungary.

A group taxpayer status for corporate income tax purposes is a relatively new notion in the Hungarian tax system