No permanent establishment in Hungary? If your company is registered outside the European Union – such as in Asia, North America, or other non-EU countries – and you plan to se...

September not only marks the end of summer and the start of the school year, but also a key deadline in taxation. Businesses in Hungary have to submit their applications for reclai...

Based on our tax audit experience and recent court rulings, it is clear that intra-group services are increasingly coming under scrutiny during tax inspections. Tax authorities now...

On 11 March 2025, the European Union officially adopted the ViDA (VAT in the Digital Age) package, aiming to digitise the EU VAT system. The EU’s VAT reform will enter into f...

At the end of April 2025, just over two months from now, the deadline for the refund of VAT on pharmaceutical tax payments, i.e. the VAT paid by pharmaceutical manufacturers and di...

From this year, the legal conditions for providing fiscal representation services in Hungary have changed. Based on the amendment of Act CLI of 2017 on Tax Administration, fiscal r...

The Hungarian Parliament has adopted the 2025 tax law amendments. The majority of the proposals described in our earlier article and submitted on 29 October were adopted at the par...

The EU’s VAT package, the ViDA package (VAT in the Digital Age) could come into force as early as the beginning of next year, for example changes abolishing the rules on call-off...

The question of a fixed establishment, especially in value added tax, remains a complex issue. This is true despite the fact that, in addition to the VAT Directive (2006/112/EC), C...

We’re in the middle of summer, when even those who have been working hard and are just starting to browse the offers of accommodation providers on the various online platforms ar...

Directive 2008/9/EC lays down detailed rules for the refund of value added tax, provided for in Directive 2006/112/EC, to taxable persons not established in the Member State of ref...

As we reported on earlier this year, from 1 January 2024 there are three possible ways to submit a VAT return in Hungary. You can still prepare form 65 through the ÁNYK system and...

Efforts to digitalise tax systems are coming increasingly to the fore, not just in Hungary but also at EU level. One of the main objectives of VAT digitisation – and the digitali...

From this year, significant changes will come into force in the VAT Act of Slovakia, as well as in the Slovakian Income Tax Act. The latest amendments of the VAT Act of Slovakia ar...

In August 2023, a large part of Slovenia was hit by devastating floods, which left considerable economic damage behind. Measures to eliminate the consequences of natural disasters ...

On 31 October 2023, the Hungarian government submitted to Parliament its 2023 autumn tax law amendments bill, which contains the planned tax amendments that will come into force fr...

After the start of the school year, the first usual annual deadline for most tax advisers is the 30 September deadline for reclaiming foreign VAT. We have summarised the five most ...

SAF-T represents standard audit file for tax, basically a tax return containing the main transactions incurred by a company. It is an international standard, a harmonised XML schem...

The summer season will soon be over, but it’s still not too late to have a think about the tax issues that arise with accommodation services in Hungary.  This is because given t...

On 11 May 2023 the country’s government has presented the Czech recovery package. The consolidation package of 58 measures should lead to a reduction in the public budget deficit...

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...

The ViDA proposal (VAT in the Digital Age) is a series of legislative measures proposed by the European Commission on 8 December 2022 aimed at modernising the workings of the commo...

E-invoicing has been introduced in Poland more than a year ago, but only on a voluntary basis. In December 2022 the Polish Ministry of Finance published a draft law regarding manda...

The 2023 tax law amendments introduced significant changes to the taxation of real estate in Hungary. In terms of value added tax, you can even benefit from a relaxation of the rul...

Bulgarian legislators have ensured that this year starts well for Bulgarian taxpayers. Medium-sized enterprises which incurred significant compliance costs and which were less comp...

On 2 December 2022, a set of tax amendments traditionally referred to as the 2023 tax package for the Czech Republic was published in the Collection of Laws. The 2023 tax package f...

Two years ago, the Polish government introduced a set of tax measures in order to simplify VAT settlements in Poland. Since the introduction of the first series of the SLIM VAT (Si...

It is often the case that renting out real estate involves more than one country, or more precisely, that a company wants to make some use of real estate in a country other than th...

At the end of August 2022, an amendment to the VAT Act of Slovakia has been adopted by the Slovak Parliament. The changes include, among others, the cancellation of mandatory VAT r...

At the beginning of July 2022, in the wake of the energy crisis which caused the skyrocketing of fuel prices, the Bulgarian National Assembly adopted a number of tax measures affec...

We updated our article on 28 October 2022. The applicability of the 5% VAT on the sale of new residential properties in Hungary was extended by two years, until 31 December 2024, b...

Businesses established in Hungary have until 30 September 2022 to reclaim foreign VAT. This means that companies may apply until this deadline for a refund of value added tax charg...

On 15 July 2022, the Romanian Fiscal Code was significantly amended. The changes were published in Ordinance no. 16/2022 in the Official Gazette no. 716 and will take effect on 1 J...

This year, significant VAT changes have been introduced in Slovenia. The most important VAT changes relate to the expansion of the reverse charge system for foreign entities in Slo...

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...

From 1 January 2022, a new tax-free benefit was added to Annex 1 of the Hungarian Act on Personal Income Tax, namely, tax-free bicycle use. Accordingly, private use of bicycles pro...

Purchasing and upkeeping electric cars – besides it having a lower negative impact on the environment in terms of pollutant emissions compared to vehicles with internal combustio...

It can easily upset the life of businesses applying the call-off stock simplification rule if there is a shortage in call-off stock. In the case of such stock shortage, the conditi...

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On 23 November, the Hungarian government submitted to the National Assembly its new tax law amendments for 2022, mostly tax cuts, in two highly significant bills. The key elements ...

To improve the collection of value added tax, a list of bank accounts of VAT payers will be introduced in Slovakia on 1 January 2022. By 30 November 2021, existing VAT payers have ...

On 17 June 2021, the Court of Justice of the European Union (CJEU) issued a very important judgement regarding the VAT exemption available for the management of special investment ...

After an extended legislative process, an amendment to the VAT Act of the Czech Republic was published in the Collection of Laws on 30 September 2021 and came into effect on 1 Octo...

Reduced personal income tax rates, decrease in the corporate income tax rate for certain entities, introduction of One Stop Shop regime and the digital nomad residence permit – t...

As we wrote in an earlier article, based on the bill submitted last October and approved in November, in addition to the draft personal income tax returns – ePIT – Hungarian ta...

Both in the legislative and enforcement fields, much has happened since the Court of Justice of the European Union issued an order in the PORR case on 24 October 2019 in respect of...

Based on the provisions of Government Emergency Ordinance no. 59/2021, three special OSS regimes were rolled out in Romania from 1 July 2021. The introduction of the special OSS re...

The 2022 bill, which was submitted by the Hungarian Minister of Finance to the National Assembly on 11 May, summarises the tax amendment plans of the Hungarian government. Bill No....

In our article last November we wrote about the details of the housing support action plan to be introduced in Hungary from 1 January 2021. As a result of the legal amendments impl...

On 1 January 2021 new tax laws, including new VAT rules and amendments to the existing tax laws entered into force in Latvia. The most important changes include the introduction of...

In recent years the European Commission has compiled a legislative package that reforms the regulation of online commerce, among other things by extending one-stop shop systems. Th...

From 2021 significant changes entered into force to the Fiscal Code of Romania. The amendments were published under Law no. 296/2020 in the Romanian Official Gazette no. 1269 on 21...

We updated our article on 29 April 2021. It has been nearly two years since our analysis summarised the tax consequences of Brexit, which at the time was planned to take place on 2...

The Hungarian National Assembly has accepted next year’s tax amendments submitted in October under the title of 2021 tax amendments. The majority of the proposals described in ou...

A recently published judgment of the Court of Justice of the European Union may end a VAT issue which has been causing headaches for many years. The interpretation of the court may...

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...

In the “fight” against the COVID-19 crisis, the Austrian government has decided on further support measures for particularly affected industries. One of the measures includes a...

On 18 August 2020 the Polish government published a draft of an amendment to the Polish VAT Act. The bill introduces a package of measures called SLIM VAT. The term SLIM VAT stands...

As originally planned, online invoice data reporting will be expanded from 1 July: there will be no postponement of this even in spite of the coronavirus pandemic. It is vital to b...

Starting with 3 February 2020, the text of EU VAT Directive 2018/1910 regarding quick fixes for consignment stocks, intra-community deliveries of goods was finally implemented in t...

The Hungarian legal system is to expand the scope of the online data reporting obligation for invoicing to almost all transactions in two stages, from 1 July 2020 and 1 January 202...

The majority of businesses have most probably already encountered a situation where one of their customers could not pay, therefore their receivable turned into an irrecoverable de...

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...