On 11 June 2025, the Hungarian Parliament adopted the Hungarian summer tax package 2025, which introduces significant amendments across various areas of the Hungarian tax system, i...

In line with European and global trends, transfer pricing tax audits have played an increasingly important role in the practice of the Hungarian tax authority (NAV) in recent years...

On 29 October the Hungarian government submitted the draft 2024 autumn tax law amendments to the Parliament. By amending the tax laws the legislators are aiming, among other things...

In view of the armed conflict and humanitarian disaster in Ukraine, the Hungarian Government amended Act CL of 2017 on Rules of Taxation for the period of the declared state of eme...

As we pointed out in our most recent WTS Klient Newsflash, as a result of Bill No. T/360 paving the way for Hungary’s central budget for 2023 submitted to the Hungarian National ...

After 31 May, a large number of accountants and businesses in Hungary can breathe a sigh of relief as companies with a normal financial year have submitted their annual tax returns...

There are various laws seeking to limit and minimise the use of cash between economic operators. This is understandable from a control and anti-money laundering perspective. At the...

With the approval of the bill laying down the grounds for Hungary’s 2021 central budget, the administration burden caused by the Electronic Public Road Customs Transit Control Sy...