2025 Budget: Focus on Economic Growth and Fiscal Discipline Finance Minister Mihály Varga (L) hands over the 2025 draft budget to János Latorcai, Vice President of the National Assembly.... 2024.11.12.
July Budgetary Surplus Marks Significant Improvement in Public Finances The Government is enhancing public finances despite external challenges, showing notable progress in budget management and fiscal balance. According to... 2024.08.09.
Finance Minister Accuses Budapest Mayor of Squandering Capital’s Resources Mayor of Budapest Gergely Karácsony The Mayor of Budapest, Gergely Karácsony, recently mentioned at an extraordinary press conference that the... 2023.04.21.
European Union Is Interfering in Economic Competition, Claims Finance Minister EU Commissioner Vera Jourová has been at the center of the political attacks against the Hungarian government recently and is... 2023.02.27.
Hungarian-American Tax Treaty Coming to an End The provisions of the US-Hungarian tax treaty on the avoidance of double taxation can still be applied to tax assessments... 2023.02.16.
International Recognition for the Hungarian Tax System The Hungarian tax system has received further international recognition, as Hungary has moved up to seventh place in the EY... 2022.11.11.
Republicans Call on Biden Not to Scrap Hungarian-US Tax Agreement There have already been questions in professional circles about the legality of the Biden administration's decision to terminate the tax... 2022.11.08.
Small Taxpayers with Families Stand to Gain from Family Tax Allowance Tax expert József Angyal told 24.hu that taxpayers with families who are excluded from the "KATA" (Itemized Tax for Small... 2022.08.03.
Prime Minister Orbán: “European history has entered an era of war” European history has entered an "era of war" and people will have to fight for things they have hitherto taken... 2022.07.15.
Misuse of Itemized Tax for Small Businesses Prompts Government to Abolish It Altogether As of September, a significant portion of the approximately 450,000 taxpayers currently paying KATA will have to look for another... 2022.07.14.
Protesters Rally Against Self-employment Tax Changes A demonstration was organized on Tuesday morning in Budapest against the amendment to the law on the Itemized Tax for... 2022.07.12.
Smokers Are Not Discouraged by Tax Increase A recent European study seems to confirm that higher cigarette prices could further strengthen the black market, while differential taxation... 2022.06.23.
Ryanair Could Be Fined Five Million Euros The high number of complaints has led the Minister for Consumer Protection to order an extraordinary investigation into Ryanair's practices,... 2022.06.22.
Ryanair Denounced by Safe Society Foundation The Budapest Committee of the Safe Society Foundation, which also deals with consumer protection regulation, has denounced Ryanair for displaying... 2022.06.21.
Survey: These Were the Motivations of Fidesz and Opposition Voters Telex reported on a survey designed by the CEU Democracy Institute and conducted by Závecz Research. The survey shows that... 2022.06.03.
Trade Association Says Extra Profit Tax Cannot Be Interpreted in Current Form The Hungarian Trade Association (OKSZ) wants to reach an agreement with the government to ensure the safety of goods, as... 2022.05.30.
DK to Launch Petition Drive against Govt Plan to Scrap KATA Tax The Democratic Coalition (DK) will launch a petition drive in protest against plans by the government to scrap the preferential... 2022.05.30.
Press Roundup: Opposing Takes on Government’s Windfall Taxes A liberal news site predicts that the newly announced special taxes will trigger an infringement procedure by the European Commission.... 2022.05.28.
GKI CEO on Govt’s Windfall Taxes: ‘No Such Thing as Extra Profit’ According to the CEO of GKI Economic Research Zrt., there is no such thing as extra profit, and he does... 2022.05.27.
Hungarian Lighting Company Tungsram Files for Bankruptcy Protection Tungsram has sent a statement to the news portal Index to inform the public that the company has filed for... 2022.05.13.
Panic Buying and Fuel Tourism: Government Reacts With New Measures On Wednesday and Thursday, numerous Hungarian gas stations ran out of fuel or imposed various quantity restrictions on sales earlier,... 2022.03.11.
