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Hungary News - Business, Taxation & Offshore

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



EU Publishes Tax-GDP Ratios For Member States

by Jason Gorringe,, London

Monday, November 28, 2016

The tax-to-GDP ratio in the European Union remained stable in 2015, while the ratio in the Eurozone was down slightly on the previous year. Read Full Story


Hungary Plans EU's Lowest Corporate Tax

by Ulrika Lomas,, Brussels

Friday, November 18, 2016

Hungary's Minister for National Economy, Mihaly Varga, has announced the Government's decision to slash corporate tax to below 10 percent from next year.Read Full Story



EU VAT Rates Stabilizing, Ending Upward Trend

by Ulrika Lomas,, Brussels

Wednesday, November 16, 2016

Just one EU member state has increased its headline VAT rate since 2014, indicating that states are no longer looking to VAT to fund other growth-friendly reforms, as had been seen in previous years.Read Full Story


Hungary Should Cut Corporate Tax, Says PM

by Ulrika Lomas,, Brussels

Friday, November 11, 2016

Hungarian Prime Minister Viktor Orban has suggested that corporate tax will be reduced in the coming years to improve the competitiveness of the Hungarian economy.Read Full Story