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Tax Newsflash 2006

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The issues of the Newsflash are available as an Adobe Acrobat (.pdf) file.

2006 issues:

Tax changes 2007
Bilateral Social Security Treaties
Reminder of solidarity tax and corporate tax
top up liabilities and reporting obligation
Expected tax changes 2007
The difference between fraud and tax evasion
Environmental protection product fee legislation regarding chain transactions: deadlines and administrative requirements
Changes in Hungary’s National Customs Regulations
Preferential Self-Revision Procedure
Submitting Queries to the Hungarian Customs Authority’s Central Databases
Introduction of ÁRUREG in customs procedures
Changes in social security contributions
Changes in the legislation on the environmental protection product fee – opportunity to save money on chain transactions
Customs order on tighter control of procedures aiming the release for free circulation of goods in regular proceedings, that are not designated for Hungary, without payment of VAT
Expected changes concerning benefits in kind
The proposed ‘minimum corporate tax’ and the tax exemption of capital gains on ‘registered shareholdings’
Parliamentary bill on the “solidarity tax”
Draft Bill on the amendment with respect to VAT
Restriction of the use of certain hazardous substances in electrical and electronic equipment
The ‘New Equilibrium’ package, 2006-2008
(the “Package”)
Loss carry-forward requests in the electronic
filing of tax returns
New guideline on exercising discretionary powers
Executive officers cannot work under
employment contracts
Classifying small enterprises for exemption
from innovation contributions
Invitation to the CEE/CIS Tax Conference
Lobbying Act
New-old tax returns
Forwards to the Client Gateway
New Provisions in Bankruptcy Law
Closely Observed Taxpayers 2006
PayWell Salary and Compensation Survey 2006
– Invitation
Reporting interest income information
Increased chance of reclaiming local business tax
Renewal of Permits for Import VAT
Self-Assessment and Requests for New Permits
Changes to the Trade Act
Changes to health care tax from 2006
Liabilities on Stock Options and Gift Shares Received from a Foreign Entity
Changes in legislation on environmental permits
Changes in the rules on reporting foreign employees
“.eu” domain name registration in Hungarian – Being late may cost you money




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