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

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.

More than a year ago, the Ministry for the National Economy was put in charge of making the Hungarian rules of tax proceedings simpler and more transparent. Thus, from 2018, the two bills published at the end of July would replace (repeal) the earlier law on the rules of taxation (Act XCII of 2003). Opinions on the documents published, however, may still be submitted, and the Ministry is expecting feedback and comments provided by the taxpayers. The bills are available at the following link: http://www.kormany.hu/hu/dok?source=8&type=302#!DocumentBrowse