New services at VGD
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New services at VGD
VGD Hungary has opened this autumn season with new services and also the renewal of its previous ones, which we would like to present to you briefly in this post.
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Essentials of Doing Business in Hungary 2020
szept 29
Essentials of Doing Business in Hungary 2020
Fresh publication by VGD Hungary: Essentials of Doing Business in Hungary 2020
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The OECD’s Transfer Pricing Guidelines have been amended.  How to apply the arm’s length principle to financial transactions
szept 28
The OECD’s Transfer Pricing Guidelines have been amended. How to apply the arm’s length principle to financial transactions
As was already written in an earlier issue of our newsletter, in 2020 the OECD amended its Transfer Pricing Guidelines with guidance on the intra-group financial transactions.
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Change in the recognition of adult education costs
szept 25
Change in the recognition of adult education costs
From 1 September 2020, the Adult Education Act will change, thus new rules will apply to institutions organizing training-like courses, which will force the companies that invest in the education of their employees to reconsider training costs.
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Transfer pricing documentation prepared in a timely manner may be advantageous to a company
szept 21
Transfer pricing documentation prepared in a timely manner may be advantageous to a company
Many companies postpone preparation of transfer pricing documentation; however, it should be borne in mind that timely documenting of related party transactions may go beyond a simple compliance exercise.
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Two weeks left to reclaim the VAT paid in abroad
szept 16
Two weeks left to reclaim the VAT paid in abroad
Only until 30 September it is possible to reclaim VAT paid in abroad for the calendar year 2019.
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Andrea Kuntner has been elected for Member of Supervisory Board of JVSZ
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Andrea Kuntner has been elected for Member of Supervisory Board of JVSZ
The General Assembly of JVSZ elected Andrea Kuntner, tax partner of VGD Hungary, as a member of the Supervisory Board.
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Another milestone in real-time data feed: interface version 3.0 is coming
szept 09
Another milestone in real-time data feed: interface version 3.0 is coming
According to the current plans, from 0:00 on 1 January 2021, the Hungarian Tax Authority (HTA) will introduce the latest, at the same time final, 3.0 invoicing reporting interface in real-time data provision.
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Newest judgements of the Hungarian Highest Court in transfer pricing related cases
szept 03
Newest judgements of the Hungarian Highest Court in transfer pricing related cases
The careful preparation of transfer pricing documents and elaboration of transfer pricing policy are becoming increasingly important
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