The amendment regarding contributions from airlines and certain tax laws was adopted by the National Assembly on July 4, 2023. Changes related to personal income tax: According to the amendment,...Read More
The change regarding the EU-level VAT exemption is expected to enter into force from 2025. The purpose of the amendment is to reduce the administrative burden on small and medium-sized...Read More
Before the coronavirus pandemic, personal meetings were essential during the work of a lawyer, especially in the case of transactions requiring a countersignature – such as real estate sales, company...Read More
The International Monetary Fund (IMF) has bumped up its projection for Hungary’s economic growth in 2022 to 5.7 percent, among the highest in the region, according to the finance ministry....Read More
The government is preparing for the post-war situation by working to keep the economy on a trajectory to catch up with more developed economies, the employment rate at the current...Read More
In Hungary, cryptocurrencies are recognized as a legitimate form of digital payment. These currencies exist in an entirely non-material state. Blocks of transaction data are stored in the blockchain without...Read More
For years, people have been travelling the world to find new and exciting ways to work. And now, with the advent of technology and the internet, there’s never been a...Read More
The Hungarian government wants to create favorable conditions for foreign investment, according to the Foreign Minister. German business leaders spoke positively at a forum in Berlin, but some criticized the...Read More
Hungary could be among Europe’s innovation leaders by 2030, but the research and development system established in recent years could bring spectacular results within a few years, said the President...Read More
Tax deductions are available for both interest payments and charitable gifts. The fact that you can deduct some expenses from your taxable income is also favourable. They can save hundreds...Read More
