When a foreign investor knocks on the door of a Hungarian company’s seller — but it is the Ministry that opens it Although the legislator formally enacted a new piece of legislation in the field of foreign direct investments (Foreign…
The planned reintroduction of the advertising tax from 1 July 2026 will not take place: based on the government decree published in the 23 April 2026 issue of the Hungarian Gazette, the advertising tax rate will remain 0% after 30…
The 2026 changes should not be interpreted as standalone, isolated invoicing reforms, but as developments that clearly point towards real-time data reporting and e-invoicing.According to the European Commission, the VAT in the Digital Age package, or ViDA, was adopted on…
The annual closing period is approaching, and with it the most critical phase of the CIT (corporate income tax) calculation. Although the corporate income tax return deadline for calendar-year taxpayers in 2026 is 1 June 2026, accounting close, tax calculation, and…
Hungary’s domestic transfer pricing framework took a major step forward in early 2026. Decree No. 45/2025 (XII. 23.) of the Ministry for National Economy (NGM), promulgated on 23 December 2025 and effective from 23 January 2026, did not merely update…
A 15% Minimum Tax Rate on Multinational Profits As of January, Hungary has implemented a new legal regulation on the global minimum tax, establishing this tax type within the country. Developed by the OECD and adopted into EU law, the…
