Tax & Legal Alert

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In order to be able to adapt to the new challenges brought about by the new tax laws, we issued Tax & Legal Alert, informing clients about the proposed major changes. The issues of the Tax & Legal Alert are available as an Adobe Acrobat (pdf) file.

Issues of Tax & Legal Alert:

Issue 496 (302 KB) Important changes to the act on the implementation of Community customs law
Issue 495 (432 KB) Proposed changes to personal income tax from 2013
Issue 494 (322 KB) Recent ECJ decisions concerning VAT deduction in Hungary
Issue 493 (259 KB) Widened R&D contribution base
Issue 492 (462 KB) New tax on financial transactions
Issue 491 (418 KB) Changes to the filing of tax returns for domestic transactions subject to VAT
Issue 490 (452 KB) Disaster management contribution may be repealed with retroactive effect
Issue 489 (463 KB) New requirements on document proof for the purchase of goods from German tax resident companies
Issue 488 (201 KB) Agreement between EU and USA on certified economic operators: AEO and C-TPAT are mutually recognised
Issue 487 (232 KB) New Guidelines on tax audits of foreign-based taxpayers registered for VAT in Hungary
Issue 486 (557 KB) Film- and performing art support incentive scheme for taxpayers with non-calendar financial year
Issue 485 (423 KB) New tax in the food sector: the food chain supervision fee
Issue 484 (391 KB) The National Tax and Customs Authority’s areas of focus for tax audits in 2012
Issue 483 (518 KB) Long-awaited proposed FATCA regulations issued on 8 February 2012
Issue 482 (578 KB) Mandatory registration with business chambers
Issue 481 (391 KB) New tax registration procedure and more stringent
supervisory measures in effect from 1 January 2012
Issue 480 (454 KB) Transfer pricing documentation to be simplified
Issue 479 (263 KB) The Hungarian Labour Code was changed as of 1 January 2012
Issue 478 (413 KB) Disastermanagement contribution introduced from 2012
Issue 477 (587 KB) New rules change deadlines for remittance of VAT refunds
Issue 476 (408 KB) Changes in 2012 to the reporting obligation concerning employment of foreign individuals
Issue 475 (369 KB) How much is it actually? – Expected salary increase
Issue 474 (371 KB) The deadline for topping up tax advances
(20 December) is approaching
Issue 473 (607 KB) Tax Changes related to transfer pricing from2012
Issue 472 (212 KB) Changes to excise duty regulations
Issue 471 (296 KB) When management decides
Issue 470 (325 KB) Proposed changes to personal income tax and social
security from2012
Issue 469 (304 KB) Changes to Act CXXVII of 2007 on Value-Added Tax (Pt. 2)
Issue 468 (319 KB) Changes to Act CXXVII of 2007 on Value-Added Tax (Pt. 1)
Issue 467 (294 KB) Tax convention between Germany and Hungary published
Issue 466 (353 KB) Changes in the tax system in 2012
Issue 465 (311 KB) SPECIAL REMEDIES IN TAX PROCEDURES
The supervisory review in focus…
Issue 464 (298 KB) New regulations on online gambling in Hungary
Issue 463 (273 KB) Changes to the rules on employing foreign nationals in
Hungary
Issue 462 (336 KB) Changes to the VAT Act to ensure harmonisation with EU law: a unique tax refund opportunity
Issue 461 (417 KB) Practical advices to the actual amendments to the Labor Code
Issue 460 (272 KB) Ready, set, FATCA! - New FATCA Notice (2011-53) hasbeen issued regarding the U.S. withholding and reporting requirements
Issue 459 (259 KB) A new institution on the Hungarian investment market: the regulated investment company
Issue 458 (285 KB) Favourable changes to the rules on transfer tax for acquisition of companies that own domestic real estate
Issue 457 (229 KB) Judgement of the European Court of Justice in proceedings against Hungary for failure to fulfil obligations in connection with the VAT Act’s provisions on refunding excess VAT
Issue 456 (183 KB) New regulations on the environmental protection product fee
Issue 455 (272 KB) Rules on medical taxes and the R&D allowance for medical tax purposes to change tive
Issue 454 (352 KB) New implementing regulation for the EU VAT Directive
Issue 453 (260 KB) Duties payable on the leasing of commercial real estate
Issue 452 (292 KB) The National Tax and Customs Authority’s areas of focus for tax audits in 2011
Issue 451 (260 KB) Common Consolidated Corporate Tax Base
Issue 450 (232 KB) Planned changes to the Hungarian Labour Code
Issue 449 (196 KB) Official inspection of machine-tool labelling
Issue 448 (272 KB) Changes regarding the rules on foundations
Issue 447 (344 KB) Cost-sharing groups – Tax savings for the financial sector?
Issue 446 (296 KB) Profits attributable to branches – Focus on the financial
sector
Issue 445 (303 KB) FATCA - New withholding and reporting requirements and what Hungarian Financial Institutions need to do.
Issues 444 (287 KB) Year-end corporate income tax return – withholding tax
Issue 443 (237 KB) New social security rules on working in two or more Member States
Issue 442 (265 KB) New international tax treaties
Issue 441 (211 KB) Changes to the taxation of benefits in kind from 2011
Issue 440 (259 KB) The new National Tax and Customs Authority
Issue 439 (212 KB) What kind of tax risks may arise under the amended loss carry-forward rules?
Issue 438 (385 KB) Tax changes from 2011
Issue 437 (229 KB) Changes to personal income tax (Part II)
Issue 436 (245 KB) Changes to personal income tax (Part I)
Issue 435 (249 KB) Deferred tax implications of recent changes in Hungarian Tax Law
Issue 434 (38 KB) EU and South Korea sign free trade deal
Issue 433 (52 KB) R&D or no R&D – that is the question
Issue 432 (165 KB) VAT refunds to foreign tax payers
Issue 431 (171 KB) Changes to the income taxation of individuals
Issue 430 (162 KB) New AEO questionnaire
Issue 429 (180 KB) Recent changes in the tax legislation
Issue 428 (199 KB) Special tax on financial organisations
Issue 427 (165 KB) OECD published revised Transfer Pricing Guidelines
Issue 425 (164 KB) Local business tax matters devolve back to local governments
Issue 424 (40 KB) Public donations will be tax exempt
Issue 423 (43 KB) New Civil Code sidelined for the time being
Issue 422 (56 KB) Changes on the rules on reimbursement of commuting expenses from 1 May 2010
Issue 421 (41 KB) Multiple packaging: multiple imposition of the environmental protection product fee?
Issue 420 (48 KB) Tax & Legal Alert series on the regulations of the new Civil Code 11. Business secrets
Issue 419 (47 KB) Tax & Legal Alert series on the regulations of the new Civil Code 10. Foundations
Issue 418 (45 KB) Tax saving opportunities in providing sponsorship for film productions and the performing arts
Issue 417 (45 KB) Tax & Legal Alert series on the regulations of the new Civil Code 9. Damages for infringement of personal rights
Issue 416 (44 KB) Tax & Legal Alert series on the regulations of the new Civil Code 8. Liability of legal persons under the new Civil Code
Issue 415 (45 KB) A summary of the most recent changes affecting corporate income tax
Issue 414 (49 KB) Preparing for Tax Authority audits planned for 2010
Issue 413 (46 KB) Amendments to Labour Code
Issue 412 (57 KB) US and Hungary sign new income tax convention
Issue 411 (65 KB) Changes to property tax following the Constitutional Court’s decision