Eventhough the increasing Hungarian property prices more and more private foreign investor buy luxury and commericial real estates in Hungary. Becuase of the relatively good ROI and devaluated Hungarian Forint. Find more information about the most efficient trust and corporate structures for real estate investment in Hungary. The private investors have to pay 15% personal […]
Hungary is relatively new entrant to the tax planning market thereafter the tax advantages for non-resident companies ended in y2005. The holding company regime is not the most flexible. The company management is not the cheapest and not the less bureaucratic in Europe. But with proper plannig and advice the HU Holding Company can function […]
The government decree on extra-profit taxes which was described earlier also amends the rules on simplified employment. From 1 July, the tax burden changes, which means that the payable tax by the employer increases. What exactly does it mean? In the following, we are going to review the rules of simplified employment. The following simplified […]
First, it is important to point out that the advertising tax has not actually been abolished earlier, the tax rate has been reduced to 0% of the tax base from 1 July 2019 to 31 December 2022. This temporary suspension ends at the end of 2022 and the tax is going to be reintroduced from […]
On Saturday, June 4, a government decree on the extra-profit tax was published in the Hungarian Gazette, which aims to restore the balance of the budget. We find not just new taxes in the government decree, but existing special tax increases too. We are going to look at these provisions in general terms below. Regarding […]
The companies fulfilling the conditions or newly formed companies and branch of foreign companies are also able to choose this special taxpayer status since y2013. The tax rate of the small business tax (SBT) is 10% in y2022. Since the minimum tax base is the annual labour cost (wages, bonuses, etc.) and the distributed dividend, […]
Компании, выполняющие условия, или вновь созданные компании и филиалы иностранных компаний также могут выбрать этот особый статус налогоплательщика с 2013 года. Ставка налога на малый бизнес (SBT) составляет 16% в 2016 г., 14% в 2017 г., 13% с 2018 г., 12% с 2020 г. и 11% с 2021 г. Минимальная налоговая база – это годовые […]
The companies fulfilling the conditions or newly formed companies and branch of foreign companies are also able to choose this special taxpayer status since y2013. The tax rate of the small business tax (SBT) is 16% in y2016, 14% in y2017, 13% from y2018, 12% from y2020 and 11% from y2021. The minimum tax base […]
С 1 апреля 2021 года истечет безсанкционный период за нарушение правил предоставления учетных данных. После периода без санкций налоговый орган имеет возможность наложить штраф за неисполнение обязательств на основании установленного законом разрешения, учитывая все обстоятельства дела, в случае невыполнения, несвоевременного, неполного, неправильного или недостоверного предоставления данных НДС при условии предоставления информации. С 4 января 2021 […]
Current entry rules/restrictions Due to the coronavirus infection, the government classifies the countries of the world into three categories (green, yellow, red), announced the Minister of Prime Minister’s Office Gergely Gulyás. Based on the current infection status with COVID-19, countries if a) the current level of infection is low, green, b) the current level of […]
