The Hungarian tax authorities will initiate new support procedures for personal income received from abroad; Hungarian individuals who had an account in a foreign financial institution in 2019 and received income from investments there are expected to be contacted by…
Operative leasing An operating lease is essentially a long-term lease, with the landlord invoicing a monthly rent. Let’s look at a brief example of the difference between a deductible VAT for a long-term lease of a car and a truck.…
EPR Fees: Double Administrative Burden on Companies – Registration Deadline Looms The Extended Producer Responsibility (EPR) system, which will begin in July 2023, will make more difference in the lives of businesses than many currently anticipate, but at the same…
On June 6, a tax package with a number of changes was announced, including significant revisions to value-added tax (VAT), personal income tax, corporate income tax, special profits tax, local business tax, customs and excise tax, and NETA (public health…
