Hungary's Ministry of Finance has announced the submission of an additional proposal for measures to mitigate the effect of COVID-19, including a tax exemption for reinvested profits. --- Reinvested profit could become fully exempt from corporation tax April 30, 2020 8:52 AM The government has submitted another proposal aimed at mitigating the effects of the coronavirus epidemic, thereby facilitating the protection of workplaces and the economy. The newly submitted bill enables development reserves to be deducted with respect to the full extent of pre-tax profits. The bill also includes tax concessions that will only be able to provide tangible assistance...