Law-Now Hungary
25.08.2010
The legal regulations on the mandatory pre-lawsuit conciliation between business organisations, as introduced from 1 January 2009, have been abolished as of 1...
Law-Now Hungary
24.08.2010
Financial institutions face a special tax on their 2010 income as part of a mid-year tax package. The tax applies to all financial institutions (including...
Law-Now Hungary
05.07.2010
A special levy on banks and a new 10% corporation tax rate were among the key changes to the tax system contained in the new government’ first comprehensive...
Law-Now Hungary
09.06.2010
Radical changes to the tax system have been announced by Hungary’s new Prime Minister, some of which could be introduced as early as 1 July 2010. The key...
Law-Now Hungary
16.04.2010
Businesses in Hungary with a branch in another EU country could be entitled to reclaim vocational training contributions paid in respect of employees of that...
Law-Now Hungary
02.04.2010
The statutory mortgage right given to building contractors over their client’s real estate under the Civil Code is unconstitutional, the Constitutional Court...
Law-Now Hungary
16.03.2010
On 1 May 2010, new rules on reimbursing employees for their costs of commuting to work will take effect. Under the new rules, reimbursement is compulsory for:...
Law-Now Hungary
11.03.2010
The 2010 guidelines on tax audit policy have been published by the Hungarian Tax Authority. The guidelines leave present auditing directives basically...
Law-Now Hungary
09.03.2010
A new double tax treaty with the US is in the process of being ratified, and contains changes which might prompt businesses to review their current structures....
Law-Now Hungary
09.02.2010
Hungary and the USA have signed a new income tax treaty after almost a decade of negotiations. The treaty closes a well-known loophole in the current double...