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Hungarian Parliament Considering Various Tax Measures Including New QDMTT Advance Payment Obligation and Retail Sales Tax on Online Marketplaces

|Proposed Changes|Hungary
Hungary

The Hungarian parliament is considering a draft bill containing various individual and corporate tax measures. This includes, among other things, a new payment obligation in relation to Hungary's implementation of the Pillar 2 global minimum tax (GloBE) rules. Hungary approved the GloBE rules in accordance with Council Directive (EU) 2022/2523 at the end of 2023, including an income inclusion r…

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