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Hungary Issues Notice on Change in Deadline to Apply for Tax Credit for Growth Incentive

|Approved Changes|Hungary
Hungary

Hungary's National Tax and Customs Administration issued a notice on 7 October 2019 regarding changes in the Tax Credit for Growth (TCG) incentive following changes introduced as part of the Economy Action Plan and 2020 Budget ({News-2019-07-26/A/4-previous coverage}). The TCG incentive allows taxpayers with pre-tax profits exceeding five times the previous year's pre-tax profits to pay tax on …

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