Hungary's 2023 Budget Law Published Including Transfer Pricing Changes from 2022
Hungary published Law XXIV of 2022 in the Official Gazette on 27 July 2022, which contains the measures for the 2023 Budget. Some of the main corporate tax-related measures of the budget concern transfer pricing, including:
- A new legal definition for the normal market (arm's length) range derived from the use of transfer pricing methods and comparable transactions or financial data of compara…