This spring, changes will come into force in the support system for investments in Hungary, as the related government decree (210/2014 (VIII. 27.)) will soon be amended. The aim of...

Overnight on 31 May, a government decree was published in the Hungarian Gazette imposing a 13% social contribution tax on income from private savings, on top of the current 15% per...

The Extended Producer Responsibility, or EPR scheme, will be up and running in Hungary in less than two months. Despite this, however, the rules on the EPR scheme are still not fin...

After months of waiting, Government Decree 80/2023 on the detailed rules of the extended producer responsibility scheme (EPR) was issued on 14 March in Hungary. The extended produc...

One of the most drastic changes to Hungarian tax law in recent times, the tightening of the low-tax system (KATA) came out of the blue in the Hungarian economy in mid-July. As a re...

The details of the so-called extra-profit tax announced earlier by the Hungarian government were revealed in the 2022/93 edition of the Hungarian Gazette on 4 June 2022. Government...

Section 50 (1) of Act CXCV of 2011 on Public Finances (Public Finances Act) stipulates that budgetary subsidies may be granted to Hungarian entities that – among other things –...

Nine new government decrees, including several tax amendments, appeared on 9 June in issue 2021/107 of the Hungarian Gazette. On the same day, issue 2021/106 of the Hungarian Gazet...

As written in one of our earlier articles, according to Hungarian law several different financial statements must be prepared during voluntary liquidation. In this article we will ...