Hungary has become one of the most favorable places to start business during the last few years, since the government cut the corporate tax rate to the lowest level in the EU from January 2017. The government of Hungary attempts to facilitate foreign investments with the extremely favorable 9 % corporate tax rate, which is [...]
The Act No. XLI of 2018 on the modification of the respective tax laws and of other related laws and on the immigration special tax introduced changes in the requirements of the choosability of the KIVA as of 1. December 2018. According to the modification, individual companies, general partnerships, limited partnerships, limited liability companies, private [...]
On 13. November 2018, the parliament has accepted the modification of the corporate tax law valid from 1. January 2019 according to which the corporate group taxation established by at least two companies can be considered as a resident taxpayer. The legal instrument is not new in the EU because the currently voted change is [...]
The changes planned for 2019 primarily refer to the charges of the employment of the pensioners in an employment relationship set out by the Hungarian Labor Law. According to the intention of the legislator, only the personal income tax shall be deducted from the salary of the pensioners employed in an employment relationship. It is [...]
