TAX LAW CHANGES 2021

4.

The itemised tax of small businesses (KATA)

The tightened provisions introduced by the summer tax package and effective from 1 January 2021 have been refined. Therefore, in respect of the income paid by the KATA taxpayer’s foreign related company or the income paid by a foreign company to the KATA taxpayer in excess of HUF 3 million, the KATA tax base should not be the entire income share that exceeds HUF 3 million, but only 71.42 percent of it.

Back for more details to our complex Newsletter