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Hungarian Government Proposes Draft Legislation for CbC Reporting

|Proposed Changes|Hungary
Hungary

The Hungarian government has reportedly proposed draft legislation to transpose into domestic law the amendments made to the EU Administrative Cooperation Directive by Council Directive (EU) 2016/881 concerning Country-by-Country (CbC) reporting. As an EU Member State, Hungary is required to implement the CbC reporting and exchange provision contained in the Directive by 4 June 2017, including …

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