Hungary Tax News

New transfer pricing documentation requirements – public consultation initiated

6 May 2013

Government lists Free Business Zones

4 May 2013

Government Council adopts amendment to exit tax provisions on capital gains to implement National Grid Indus decision

4 May 2013

Court of First Instance Bruges decides that non-deductible part of the foreign dividend deduction can be included in loss carry-forward

25 March 2013

Government plans 35% withholding tax on income held in offshore accounts

25 March 2013

Corporate tax changes in 2013 – details

10 February 2013

Application of interquartile range is not necessary in Hungary

10 February 2013

Supreme Court: Business merger facility not applicable to contribution to subsidiary followed by subsequent contribution to grant daughter company of all assets except a business building

9 February 2013

Tax package for 2013 – presented

9 February 2013

Tax package for 2013 – presented

2 December 2012

Parliament approved tax bills

2 December 2012

Treaty between Hungary and Denmark enters into force

23 October 2012

Tax Administration strikes down sham company structures

23 October 2012

Ministry of Finance clarifies tax treatment of Greek-source royalties in tax treaties with Czech Republic and Hungary

23 October 2012

Netherlands Supreme Court decides that Dutch thin capitalization provisions in the case of financing companies are not incompatible with ICCPR and ECHR

3 September 2012

Government submits new tax bills

3 September 2012

Treaty between Hungary and Qatar enters into force

29 July 2012

Supreme Court decides interest paid on debt-claim towards low-taxed group company resulting from transfer of immovable property not deductible

29 July 2012

Court of First Instance Leuven decides that fine imposed by European Commission due to violation of EC competition law is not deductible

29 July 2012

Amendments to laws published in the Official Gazette – part 1: Law on Tax Procedures

29 July 2012

Treaty between Hungary and Qatar – details

3 June 2012

Treaty between Germany and Hungary enters into force

4 March 2012

Treaty between Mexico and Hungary enters into force

1 February 2012

Treaty between Denmark and Hungary – details

21 June 2011

Treaty between Germany and Hungary – details

27 April 2011

Treaty between Hong Kong and Hungary enters into force

30 March 2011

Tax agreement between Hungary and Taiwan enters into force

14 March 2011

Treaty between Hong Kong and Hungary – details

26 October 2010

Tax package promulgated

26 October 2010

Tax package approved by parliament – Corporate taxation (including bank tax)

6 September 2010