Danku Tamás, TEP Rating Action: Moody’s upgrades Hungary’s government bond ratings to Baa3; stable outlook Source: Moody’s Global Credit Research – 04 Nov 2016 London, 04 November 2016 — Moody’s Investors Service, (“Moody’s”) has today upgraded Hungary’s long term issuer and senior unsecured government bon... Nov 5, 2016
Danku Tamás, TEP EP passes resolution on aggressive corporate tax planning www.itpa.org 16 December 2015, the European Parliament approved a resolution setting out the legal steps needed to improve corporate tax transparency, coordination and EU-wide policy convergence. The ... Jan 16, 2016
Danku Tamás, TEP Environmental Product Tax obligation for webshops According to the bill recently submitted to the Parliament about the proposed changes of the tax rules of Hungary from 2016, the non-resident online stores has to pay Environmental Product Tax in Hung... Nov 15, 2015
Danku Tamás, TEP Increased minimum capital for KFTs from 2016 In accordance with the newCivil Code 2013 of Hungary the mandatory minimum initial capital requirement was lifted for the KFTs (limited liability company) to 3 million HUF.The new Civil Code 2013is ef... Nov 8, 2015
Gábor Szabó Hungary Company Formation Survey 2015 Hungary Company Formation Survey – OI 2015... Apr 27, 2015
Gábor Szabó The first GINOP tender for SMEs in Hungary The European Commission adopted 80% of Hungary’s operationalprogrammes for the 2014-2020programming period in mid-February. The tender to support the expansion of SME’s production capacity will probab... Mar 18, 2015
Gábor Szabó HUNGARY | New Civil Code of Hungary 2013 Updated rules of company formation and operation according to the Civil Code of Hungary 2013 what replaced the Act on Business Associations 2006... Mar 24, 2014
Gábor Szabó HUNGARY | Increased capital requirement for KFT The minimum capital requirement for limited liability company (KFT) registered in Hungary is HUF 3 million according to the new Civil Code 2013 (what replaced the Business Association Act 2006) effect... Mar 16, 2014
Gábor Szabó Hungary deepens commitment to fight offshore tax avoidance and evasion www.oecd.org In a week at Global Forum on Transparency and Exchange of Information for Tax Purposes in Jakarta, Indonesia, a number of additional countries and jurisdictions are expected to sign the C... Nov 13, 2013
Gábor Szabó IRELAND | The end of the royalty schemes www.theguardian.com Ireland pledged to crack down on multinational companies who use addresses in the republic to avoid paying tax in their home countries . The new rules will come into force from Jan... Oct 17, 2013
Gábor Szabó Switzerland and Hungary sign new double taxation agreement www.admin.ch 12 September 2013 in Budapest, Switzerland and Hungary signed a new double taxation agreement in the area of taxes on income and assets. It replace the agreement of 9 April 1981. The new ... Sep 16, 2013