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Hungary's 2023 Budget Law Published Including Transfer Pricing Changes from 2022

|Approved Changes|Hungary
Hungary

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…

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