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Tax package for 2013 – presented

|Proposed Changes|Hungary
Hungary

On 12 October 2012, the Minister of National Economy submitted a bill introducing the 2013 "tax package" to the parliament.
The most important features of the package are as follows:
Corporate tax
The definition of reported intangible assets will cover self-created intangible assets. Thus, the current capital gains exemption will be available in case of self-created intangible assets as well (the current exemption only applies to acquired intangibles). This change favours taxpayers c…


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