VAT Changes Expected in 2023
November 3, 2022 | Author: László Killik
The Hungarian government has submitted a package of proposals to amend the 2023 tax laws. Here is a summary of the main plans affecting value added tax. Changes Relating to
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Changes to the Hungarian Accounting Act Expected in 2023
November 3, 2022 | Author: Andrea Vizmati
Examining the threshold for the preparation of abbreviated annual financial statements for a company created by separation If the data for the two financial years preceding the financial year concerned
Long weekends and rescheduled working days in Hungary in 2023
September 14, 2022 | Author: Ildikó Kovács
Zsofia Koncz, Parliamentary State Secretary at the Ministry of Technology and Industry, announced the long weekends in Hungary in 2023 on her Facebook page. Most public holidays in Hungary will
When is a certified chartered accountant required?
May 13, 2022 | Author: László Killik
By László Killik on 5/13/2022 Since the introduction of the Online Reporting and Form Completion System, known in Hungarian as the Online Beszámoló és Űrlapkitöltő Rendszer (OBR), companies that are
Loans between affiliated companies
October 4, 2021 | Author: Szilvia Vígh
According to the Act on Credit Institutions and Financial Enterprises, the credit and loan operations are financial services may be performed on a commercial scale subject to authorization. An exception
What is a global minimum tax and how would it affect Hungary?
July 22, 2021 | Author: Szilvia Vígh
The OECD has been working since 2019 to create a global minimum corporate tax rate that has received increasing attention in recent weeks. The essence of the deal is to
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
Rules regarding payment and taxation of final and interim dividends
July 13, 2021 | Author: Ildikó Kóródiné Kovács
Difference between final dividend and interim dividend After approving the annual or abbreviated annual financial statements, the members of a company decide on the use of the after-tax profit. The
Everything about Employee Stock Ownership Plan (ESOP)
July 8, 2021 | Author: Dániel Márkus
An ESOP organization is a great way to make employees even more committed to the company, and it is also a type of reward for the founding company and the
