Many foreign, tipically online sellers are facing Hungarian tax liabilities if they perform cross-border sales from abroad to Hungary, even if they do not have a company, branch or representative office in Hungary.

Although taxpayers should expect further changes in the future, the main points of the recently accepted amendments are outlined in our newsletter, with indication of the rules effective dates.

There are new tax and registration obligations for foreign companies' establishments in Hungary. Temporary employment agencies and airlines will have to pay local business tax and innovation levy in Hungary from 2024.

Pursuant to the regulation, the range of service providers who fall under the scope of the financial transaction tax and obliged to pay the financial transaction tax has been expanded.

...the extended producer responsibility scheme will be amended again

Employers may provide employees with a single SZÉP card benefit of up to HUF 200,000 from 1 August 2023

On 6 June 2023, the Government submitted its bill (T/4243), which includes amendments to the tax laws. In this newsletter, we briefly outline the expected changes as they currently stand.

With the publication of the respective ministerial decree, the tariff rates for certain EPR tariff products have become known.

retail, banking and insurance, energy and pharmaceuticals sectors, bioethanol/starch and sunflower oil producers are affected by the amendments