Hungary News - Business, Taxation & Offshore

OECD Releases 2020 Tax Trends Report
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, December 10, 2020
Tax revenues fell across the OECD for the first time in a decade during 2019, but a much larger decrease is expected in 2020 as a result of the COVID-19 pandemic, according to the OECD's newly released annual Revenue Statistics report. Read Full Story

Digital VAT Regimes Vital To Buoy Countries' Tax Takes: Report
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, December 10, 2020
The OECD has released its annual Consumption Tax Trends report, which highlights that with VAT rates at an all-time high, governments should ensure they have effective VAT frameworks in place to tax e-commerce. Read Full Story

EU Expecting COVID-19 Dent In 2020 VAT Collections
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, September 22, 2020
The European Commission has published its latest VAT gap report, which show that EU countries lost an estimated EUR140bn (USD165.7bn) in VAT revenues in 2018. Read Full Story

Hungary Proposes Improved R And D Tax Reliefs
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, February 20, 2020
The Hungarian Ministry of Finance announced that the Government is considering further tax cuts for businesses, including improvements to the deductions available for research and development spending, following a meeting of the National Competitiveness Council. Read Full Story

EU States Shut Down Plans For Public CbC Reporting
by Ulrika Lomas, Tax-News.com, Brussels
Monday, December 2, 2019
EU member states have been unable to reach an agreement on proposals to release to the public information on multinational enterprises' tax affairs. Read Full Story

Hungarian Government Submits Tax Bill
by Ulrika Lomas, Tax-News.com, Brussels
Friday, November 15, 2019
On November 12, 2019, Hungary's Ministry of Finance announced that it has submitted to parliament the seventh and final part of its Economic Action Plan, which includes various tax measures. Read Full Story
- 01/11/2019 Ireland Had EU's Lowest Tax-To-GDP Burden In 2018: Eurostat »
- 19/07/2019 US Senate Approves Changes To Four Double Tax Pacts »
- 16/07/2019 US Senate To Vote On Tax Treaty Protocols »
- 01/07/2019 EU Court Rules For Hungary In Advertising Tax Dispute »
- 27/06/2019 Hungarian Lawmakers To Decide On Tax Cuts Plan »
- 27/06/2019 US Senate Finance Committee Approves Four Treaties »
- 04/06/2019 Hungary Announces Tax Cut Plan »
- 08/05/2019 US Companies Urge Senate To Approve Tax Treaties »
- 03/04/2019 Hungary Defends Decision To Pursue Low Direct Taxes »
- 06/12/2018 OECD States Tapped VAT, CIT To Achieve Record Revenues In 2017 »
- 29/06/2018 France Exits EU's Excessive Deficit Procedure »
- 22/05/2018 EU Challenges Hungarian, Italian, Romanian Tax Provisions »
- 27/04/2018 OECD Personal Tax Burden Crept Higher Still In 2017 »
- 11/04/2018 OECD Releases More Transfer Pricing Country Guides »
- 09/04/2018 OECD's Global Forum Releases New Tax Transparency Reports »
- 20/03/2018 Advance Pricing Agreements 'At Record High' In EU »
- 14/03/2018 OECD Releases New Dispute Resolution Peer Reviews »
- 13/02/2018 Hungary Lowering VAT On Food »
- 08/02/2018 Bermuda Lists CbC Report Exchange Partners »
- 09/01/2018 Ireland, Hungary Unite Against EU Tax Harmonization »
- 02/01/2018 Hungary Introduces Cut-Rate VAT For Internet Access »
- 29/12/2017 US Agrees To Exchange CbC Reports With Spain »
- 28/12/2017 EU Reports On States' Tax Reforms In 2017 »
- 13/12/2017 EU Commission Warns Of Tax Scam Letters »
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