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Hungary Introduces New Master and Local file Requirements from 2018

|Approved Changes|Hungary
Hungary

According to recent reports, Hungary published a decree in the Official Gazette on 18 October 2017 to amend the country's transfer pricing documentation requirements in order to bring them in line with the Master and Local file requirements of BEPS Action 13. Hungary already followed the prior EU master/local transfer pricing file concept, but will now require greater detail based on the latest…

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