Category Analytics

Global Minimum Tax – 2024

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…

Car Leasing in Practice in Hungary

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.…