Tax Newsletters 2017

Read here the latest issues of Mazars Hungary's Tax Newsletters. In these publications we would like to inform our clients and prospective partners about the current modifications or changes in tax.

What to pay attention to at the end of the year? - Mazars Tax Newsletter 2017/25

352682e15a66-Mazars-Transfer-Pricing-image-small.jpg
Once again this year, MAZARS prepared its summary of the end-of-the-year tasks of economic associations. Our current newsletter lists the taxation deadlines and selections to be notified that the financial management of companies need to keep in mind

Read more

2018 tax package approved by Parliament - Mazars Tax Newsletter 2017/24

352682e15a66-Mazars-Transfer-Pricing-image-small.jpg
Nearly a dozen amendments to tax laws were approved by Parliament on the 14th November. Judging by the number and length of the amendments, one may conclude that we can expect fundamental changes in the tax regime.

Read more

The new decree on transfer pricing documentation obligations will soon enter into force - Mazars Tax Newsletter 2017/23

352682e15a66-Mazars-Transfer-Pricing-image-small.jpg
The Ministry of National Economy has published a draft decree on transfer pricing documentation obligation.

Read more

Social charge reduction could be higher next year than expected! - Mazars Tax Newsletter 2017/22

352682e15a66-Mazars-Transfer-Pricing-image-small.jpg
On Tuesday, the Minister for National Economy submitted a bill to the Parliament, lowering the social contribution tax from 22% to 19.5% [Bill Nr. T/17776]

Read more

The relevant form for Country-by-Country Reporting has been published - Mazars Tax Newsletter 2017/21

352682e15a66-Mazars-Transfer-Pricing-image-small.jpg
The Hungarian National Tax and Customs Administration (“NAV”) has recently published the relevant ‘ÁNYK’ reporting form named ’16CBC’ that will serve for fulfilling the Country-by-Country Reporting (“CbCR”) obligation.

Read more

What do the new rules of tax enforcement hold for debtors? - Mazars Tax Newsletter 2017/20

352682e15a66-Mazars-Transfer-Pricing-image-small.jpg
The Ministry of National Economy (NGM) published a new bill, which would, parallel with the reform of tax proceeding, also put tax enforcement measures on a whole new basis.

Read more

Mandatory “company portal” registration: who must do it, by what time, and how? - Mazars Tax Newsletter 2017/19

352682e15a66-Mazars-Transfer-Pricing-image-small.jpg
From 1 January 2018, the so-called “cégkapu” (approximately, “company portal") service, will be launched, which is the equivalent of the already well-known “Ügyfélkapu” (appr. “client portal”, the government gateway for individuals), but aimed at businesses.

Read more

The general rules of taxation may become easier to understand - Mazars Tax Newsletter 2017/18

352682e15a66-Mazars-Transfer-Pricing-image-small.jpg
Opinions on the draft legislation aimed at renewing the rules of taxation may be submitted until 18 August. There is still time to provide feedback on the proposed new laws.

Read more

The public charges payable by several foreign companies may increase - Mazars Tax Newsletter 2017/17

352682e15a66-Mazars-Transfer-Pricing-image-small.jpg
On the basis of Section 47/B, point (4a) of Act XLVI of 2008 on the food chain and its control by the supervising authority, from 16 June 2017, companies that

Read more

Excise duty – possible exemption in case of own-purpose use of lubricant oils – Mazars Tax Newsletter 2017/16

352682e15a66-Mazars-Transfer-Pricing-image-small.jpg
The proper maintenance of vehicles, manufacturing lines and industrial machinery involves the use of significant quantities of lubricant oil, as insufficient lubrication may lead to repairs, early replacements of parts, or even the breakdown of service or production.

Read more