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Hungary News - Business, Taxation & Offshore

Hungary Approves Advertising Tax Hike

by Ulrika Lomas,, Brussels

Wednesday, May 24, 2017

The Hungarian parliament has approved an increase to the country's advertising tax, despite concerns that the measure breaches European Union state aid rules.Read Full Story


Hungary Rejects IMF Call For Real Estate Tax Reform

by Ulrika Lomas,, Brussels

Wednesday, May 17, 2017

Hungary should introduce a modern real estate tax over the medium term, the International Monetary Fund has said.Read Full Story



Hungary Needs Growth Friendly Tax Reforms: IMF

by Ulrika Lomas,, Brussels

Monday, March 13, 2017

Hungary should improve tax administration and cut back on the number of tax exemptions, the International Monetary Fund has said. Read Full Story


Austrian Bank Tax Payments Spiked In 2016

by Ulrika Lomas,, Brussels

Wednesday, March 1, 2017

Erste Group, one of the largest financial institutions in Central and Eastern Europe, has said its bank tax payments almost tripled in 2016 as a result of a change to Austrian tax law. Read Full Story



Hungary Should Slash PIT, Says Econ Minister

by Ulrika Lomas,, Brussels

Tuesday, January 3, 2017

Hungary could follow up its recent decision to slash the rate of corporate tax with a similar tax cut on individual income, Economy Minister Mihaly Varga has suggested. Read Full Story


Hungarian Parliament Approves Tax Cut Package

by Ulrika Lomas,, Brussels

Wednesday, December 21, 2016

Hungary's parliament has adopted a package of tax cuts designed to increase the country's economic competitiveness.Read Full Story