Orbitax Tax News & Alerts
Hungary's Tax news & updates from Orbitax and partners
Hungary Tax News
Heavy restrictions on capital movements enter into force
Government lists Free Business Zones
Government Council adopts amendment to exit tax provisions on capital gains to implement National Grid Indus decision
Court of First Instance Bruges decides that non-deductible part of the foreign dividend deduction can be included in loss carry-forward
Government plans 35% withholding tax on income held in offshore accounts
Corporate tax changes in 2013 – details
Application of interquartile range is not necessary in Hungary
Tax package for 2013 – presented
Supreme Court: Business merger facility not applicable to contribution to subsidiary followed by subsequent contribution to grant daughter company of all assets except a business building
Tax package for 2013 – presented
Parliament approved tax bills
Treaty between Hungary and Denmark enters into force
Tax Administration strikes down sham company structures
Ministry of Finance clarifies tax treatment of Greek-source royalties in tax treaties with Czech Republic and Hungary
Netherlands Supreme Court decides that Dutch thin capitalization provisions in the case of financing companies are not incompatible with ICCPR and ECHR
Government submits new tax bills
Amendments to laws published in the Official Gazette – part 1: Law on Tax Procedures
Treaty between Hungary and Qatar enters into force
Court of First Instance Leuven decides that fine imposed by European Commission due to violation of EC competition law is not deductible
Supreme Court decides interest paid on debt-claim towards low-taxed group company resulting from transfer of immovable property not deductible
Treaty between Hungary and Qatar – details
Treaty between Germany and Hungary enters into force
Treaty between Mexico and Hungary enters into force
Treaty between Denmark and Hungary – details
Treaty between Germany and Hungary – details
Treaty between Hong Kong and Hungary enters into force
Tax agreement between Hungary and Taiwan enters into force
Tax package promulgated
Treaty between Hong Kong and Hungary – details
Tax package approved by parliament – Corporate taxation (including bank tax)
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