Donations and Tax Reliefs

July 21, 2021 | Author: Melinda Niklay

Several companies want to support certain organizations, but it’s worth considering what benefits this might have for tax purposes. First, what is a donation under the Corporate Tax Act? Donation

Opportunities of settling negative owner’s capital

July 19, 2021 | Author: Barbara Gincsai

It may happen in the activities of a business association that equity falls below subscribed capital. What can be done about it? We have collected the potential options. The law

Draft VAT return from 1 July 2021

July 6, 2021 | Author: Erika Dudás

As of 1 July 2021, one of the significant changes regarding VAT is that the Hungarian tax authority will propose undertakings a draft VAT return. The first draft VAT return

Webshops and the OSS Scheme

June 28, 2021 | Author: Éva Szőke-Solymosi

From 1 July 2021, the rules of e-commerce will change at EU level, which had to be taken over to the Hungarian tax system as well. VAT regulation for e-commerce

Consequences of late depositing the financial statements

June 28, 2021 | Author: Erika Dudás

Companies keeping double-entry books and registered in the register of companies shall deposit and publish the financial statements. The relevant regulations are contained in Subsection (1) of Section 153 of

Financial Reporting Deadlines in 2021

May 5, 2021 | Author: Éva Szőke-Solymosi

  The 2020 financial reporting period, like last year, is in the shadow of COVID-19. This does not make things easier for enterprises, accountants or auditors. However, a significant change