State Secy: Hungary Cryptocurrency Provisions Could Serve as Model The Hungarian government's proposed legislation regulating capital gains from cryptocurrencies and taxing them at a rate of 15 percent could... 2021.05.13.
EU Court: Hungary Ad Tax Complies with EU Rules Hungary's tax on advertising complies with EU law, the Luxembourg-based European Court said on Tuesday. The 2014 advertising tax law... 2021.03.16.
LMP Urges Government to Drop Plans on Suspension of Local Business Tax Opposition LMP has called on the government to "come clean" and reveal how much funding it is planning to "take... 2020.11.27.
Lawmakers Pass Bill on Family Farms Lawmakers passed the bill on family farms on Tuesday that eases taxes and cuts red tape for many farmers while... 2020.11.18.
Price of Tobacco Products to Increase Significantly in 2021 In Hungary, the tax on cigarettes does not comply with the European Union regulations requiring the taxation of tobacco products... 2020.10.16.
More Tax Revenue Taken Away From Municipalities A special tax on billboards and other outdoor advertising introduced before the 2018 elections, has been abolished. The revenue was... 2020.07.24.
DK Seeks Court Order to Review Records of Football Foundation’s Tax Rebate Spending The opposition Democratic Coalition (DK) is again seeking a court order to force the foundation behind the Puskás Football Academy... 2020.07.24.
Tesco May Consider Selling its Hungarian Business After selling its operations in Poland in June, Tesco may continue its retaliation from the Central European region by selling... 2020.07.14.
Áder Signs Controversial Law Altering Tax Burden of Small Businesses On Monday, President János Áder signed the law establishing the new state budget. The legislation also amends the rules governing... 2020.07.14.
All Companies Accounts Can Be Seen by Tax Office From Now On The government has expanded its online tax accounting system, heralding a new era in tax returns and efforts to whiten... 2020.07.01.
Mayor Karácsony: Budapest Becomes Net Payer to State First Time in 30 Years Budapest Mayor Gergely Karácsony said on Friday that for the first time in 30 years, Budapest has become a net... 2020.06.20.
European Court Rules for Hungary against EC Decision on Progressive Taxes The European Court of Justice on Thursday ruled in favour of Hungary against the European Commission's decision that the progressivity... 2020.06.05.
Gov’t Submits Bill on ‘Special Economic Zones’ The government has submitted a bill on "special economic zones," that enables tax revenues of investment projects costing at least... 2020.05.14.
Coronavirus: Opposition Parties Propose Suspension of Tax Payment, Basic Income The opposition Socialists (MSZP) on Thursday called for social services to be strengthened, while LMP has proposed exempting companies from... 2020.03.20.
Personal Income Tax Contributions to Charities, Churches Fall Taxpayers in Hungary opted to give one percent of their personal income tax to churches or charities 1.8 million times... 2019.09.10.
Inspections Reveal Alcohol of Dubious Quality in Budapest’s ‘Party District’ Many bars and shops in Budapest's popular "party district" are selling alcoholic drinks without an excise seal, and often poor... 2019.07.24.
Varga: Measures to Protect Economic Growth Come Into Force Two measures of the economic action plan announced in May have come into force on Wednesday, Finance Minister Mihaly Varga... 2019.07.24.
Hungary Retail Tax Compatible with EU Rules, Says CJEU Official Hungary's progressive tax on retailers in Hungary is compatible with European Union rules, a Court of Justice of the European... 2019.07.05.
Finance Minister Announces Tax Cuts, Growth Incentives Finance Minister Mihály Varga on Thursday announced a number of tax cuts and growth incentives as part of plan to... 2019.05.30.
Tax Authority Officials Arrested on Charges of Abuse of Power Three officials of the national tax authority (NAV) have been arrested, charged with abuse of power and other crimes, state... 2019.05.29.
Govt Against VAT Cut Reducing Hungary's main VAT rate by two percentage points to 25 percent would result in "many hundreds of billions of... 2018.10.12.
