The 2025 tax inspection plan of the Hungarian tax authority was published on 11 March, revealing the areas and obligations to which the tax authority will pay the most attention du...

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...

Tamás Gyányi, András Szadai, Réka Kiss, Tamás László and Zoltán Cseri were also included this year in the ITR World Tax Leaders 2025, a compilation of the world’s bes...

The top of the ITR ranking features Zoltán Cseri and Tamás László, two senior managers at WTS Klient, who are rated as “Rising stars” in the indirect tax category of the Wo...

On 6 June the Government submitted to the Hungarian National Assembly its bill on contributions from airlines and amending certain tax laws. The 2023 spring tax amendments do not c...

In previous articles we discussed the new data reporting obligation for corporate tax returns. With a view to facilitating transfer pricing reporting properly, the Hungarian Minist...

New year, new legislation – which means that this year, just like at the beginning of every year, the focus is on changes to the tax rules. One of the most important changes affe...

At the end of August, the Income Tax Act of Slovakia has been significantly changed. According to the amendments, safe harbour rule is being introduced and the procedure of taxpaye...

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 ...

Not long after the introduction of the extra-profit tax and the increase of other existing taxes detailed in Government Decree No. 197/2022, new significant tax amendments were sub...

The time has come again to prepare financial statements, annual corporate tax returns and local business tax returns. For many companies belonging to a multinational group, this me...

International Tax Review (ITR), the world’s most acclaimed magazine on tax, and Euromoney Institutional Investor PLC prepare lists of the best tax advisory and transfer pricing a...

In order to mitigate the negative economic effects of COVID-19 pandemic the Lowest chamber of Polish Parliament (the Sejm) passed a law on 25 February 2021 the law amending the Ex...

Although the legislative work regarding CbCR regulations in Turkey (country-by-country reporting) for OECD BEPS Action 13 was completed with Presidential Decree no. 2151 effective ...

With the submission of bill no. T/13258, the 2021 tax law amendments were presented to the Hungarian Parliament on 13 October. Some of the changes ensure compliance with EU regulat...

If an investor plans to set up a business in Serbia, the newly founded Serbian company will probably enter into transactions with the investor’s existing companies. If that is th...

From May 2020, the special rules for calculating the profit of PEs in Ukraine were deleted from the Ukrainian Tax Code. The new rules stipulate that profit should be calculated fol...

Similarly to the previous three years, in 2020 WTS Klient Hungary is again among the top five Hungarian tax advisor and transfer pricing firms in Europe’s most prestigious compet...

The new decade is bringing significant changes for businesses in Ukraine, especially in the field of transfer pricing. On 16 January 2020 the Ukrainian Parliament adopted the much-...

On 3 December 2019 the Hungarian National Assembly approved the autumn tax law amendments entitled “Bill for the amendment of certain laws designed to implement various tax measu...