For the first time, the company also won Transfer Pricing Firm of the Year, meaning it scooped two of four titles at the ITR EMEA Tax Awards, the world’s most prestigious professional tax forum, in London on Sep. 18.
Founded in 1989, ITR, one of the world’s leading tax journals, has awarded prizes to Europe’s best tax advisory service companies for the 21st time. A jury of the magazine’s editors and experts ranked the candidates’ performance based on the volume and complexity of the tasks they had completed during the period, the innovative nature of their implementation, and feedback from clients.
In addition to the overall Tax Firm of the Year award, ITR also performs rankings assessing performance in VAT, transfer pricing, and tax disputes advisory. Like last year, Andersen was shortlisted in all four categories this year in a strong playing field. The Hungarian business won the Hungary Tax Firm of the Year title in 2021, 2022, and 2023.
According to Károly Radnai, managing partner of Andersen Adótanácsadó Zrt., reclaiming the Hungary Tax Firm of the Year award is the result of genuine teamwork, requiring all colleagues to each make their contributions.
“We did not lose our motivation; on the contrary, it drove us to work even more intensively so we could reclaim the world’s most prestigious international tax award,” he said.
“We have already proven that we can provide consistently high-quality work, as we were found to be the best in three consecutive years. Now, we proved that we can persevere and mobilize new energy in competitive situations, making this recognition possibly even more valuable to us,” Radnai explained.
According to Sándor Hegedüs, director of the transfer pricing service line at Andersen, the award is the result of years of hard work and conscious development.
“Transfer price audits have recently become increasingly expansive and targeted here in Hungary, resulting in strong demand for tax advisory services in the field,” he noted.
“Expectations are high. Any wrong decisions and shortcomings can lead to serious consequences, meaning the responsibility is also great. That’s why we are especially proud of the fact that ITR recognized our expertise and work based on client feedback,” Hegedüs added.
This article was first published in the Budapest Business Journal print issue of October 3, 2025.
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