The Hungarian Parliament is reportedly considering draft legislation for the implementation exit tax and hybrid mismatch rules in line with the EU Anti-Tax Avoidance Directive (ATAD). The exit tax rules would apply from 1 January 2020 and include that tax would be levied on the amount equal to the market value of transferred assets less their value for tax purposes where assets are transferred out of Hungary such that they are no longer within the scope of Hungarian taxation. Subject to certain conditions, where assets are transferred to an EU or EEA Member State, the exit tax may be paid...