Savings in the crosshairs: the social contribution tax liability is extended

In a surprise move on the last day of May, Government Decree 205/2023 (V. 31.) (hereinafter: “Government Decree”) was promulgated on 31 May, which extends the scope of the social contribution tax obligation effective from 1 July 2023. The change concerns income from interests. You can find the detailed rules in our newsletter below.