News

Beside the fulfillment requirement of corporation income tax and trade tax, companies have also been subject to advance tax completion in connection with innovation contribution since 2012. Of course, it

As last year, the range of fulfillment obligations of December 20 concerns EVA-paying companies as well. So for this period tax liability of these companies shall be calculated not only

The Parliament has passed a new package of tax increases of the Minister of National Economy Mihaly Varga on June 27. The rate of transaction fees will further increase, health

The new Civil Code has been approved on February 11, 2013 and will enter into force on March 15, 2014. It was adopted in this law that an ltd (kft.)

Under the previous law it had to be examined during the sale of cars that at the time of the acquisition the invoice contained VAT or not. If the invoice of

Innovation contributions 2013: who and when shall it pay? In Act XC of 2003 on innovation contribution the Reasearch and Technology Innovation Fund regulates the tax liability. 1. Who shall and who

Transfer pricing records 2013: the rules are changing On March 5, 2013 the Ministry for National Economy has published on the government’s website the draft of the amendment of decree

Electronic receipt Earlier in the article about the changes concerning the Accounting Act we have already mentioned the changes concerning electronic receipts which enter into force as of January 1,

Company car tax 2013: when and who shall pay? Vehicle Tax Act LXXXII. of 1991 Chapter IV governs the tax liability on company cars. 1. When shall and shall not

Information on the payment of contribution of HUF 5,000 to the Chamber and the compulsory registration of businesses The Parliament amended the Law on Economic Chambers on November 21, 2011. The

Tax authority applies the suspension of VAT number from September 2006, and the pretence of withdraw following the suspension. From 1st January 2012, for the more effective actions against black

Tax audit I. The main purposes of State Tax Authority audits in 2012 are the promotion of volunteer compliance with law, prevention, dissolution and sanctioning of intentional violation of liabilities.