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 any personally identifiable information being included. Any Hungarian resident can use cryptocurrency to make major online purchases in Hungary and is also allowed to buy […]
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 better time to join the ranks of the digital nomad population. Digital nomads work remotely and can work from anywhere, enjoytravel.com writes. So where are […]
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 extra profit tax. “Hungary must continue to provide the most competitive most competitive investment climate in Europe in taxation and other fields in Europe,” Péter […]
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 of the National Research, Development and Innovation Office (NKFIH) at the Innovation Day conference of Eötvös Loránd University (ELTE) in Budapest on Tuesday. Zoltán Birkner […]
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 of dollars on your tax obligations. Costs that can be deducted from your income to lower your taxable income are known as tax deductions. Many […]
Hungarian Foreign Minister Péter Szijjártó met his Chinese counterpart in New York. Bilateral relations are mutually beneficial and Chinese investment is key to growth, he said. Large-scale Chinese investments can allow Hungary to maintain its growth, while Europe appears on the brink of recession, according to Minister of Foreign Affairs and Trade Péter Szijjártó, who […]
