The NIS2 directive isn’t only about large corporations with extensive IT infrastructure. In fact, even small organizations with minimal staff or operational footprint may find themselves legally required to comply,... read more →
Closing the fiscal year is more than just a compliance task—it's a vital process that reflects the company’s financial integrity and transparency. Preparing annual reports is a recurring obligation, but... read more →
Dividends are one of the most critical aspects of corporate financial management, especially during annual reporting periods. The decision to distribute profits as dividends has important implications for accounting, taxation,... read more →
The National Tax and Customs Administration (NAV) has unveiled its audit plan for 2025, highlighting key areas of focus to enhance tax compliance and transparency. This year's strategy underscores the... read more →
Cybersecurity is crucial in the digital age, and the EU's NIS2 Directive enhances information security by setting a regulatory framework to protect digital infrastructure. NIS2 is an opportunity for companies... read more →
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.... read more →
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... read more →
A summary of changes that companies and employers should be aware of regarding payroll-related taxation (personal income tax, social contribution tax, health insurance, fringe benefits, and minimum wage) starting January... read more →
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... read more →
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 time,... read more →