Inside View

Analysis

Tax Incentives for Corporate Environmental Protection, Energy Efficiency Investments

Hungary provides various tax incentives, including discounts and subsidies for environmental protection and energy efficiency investments. However, the conditions and...

Analysis

Best is yet to Come: New Incentives for BESS Projects on Horizon in Hungary

A recent legislative act in Hungary laid down the principles for the eagerly awaited battery energy storage systems (BESS) support...

Sustainability

1st set of European Sustainability Reporting Standards is out Now

On July 31, the European Commission adopted the first set of European Sustainability Reporting Standards (ESRS). These will play a...

Inside View

Accommodating to Changes and the Benefits of AI

The property market in Central and Eastern Europe is again facing severe challenges in 2023. Development costs are high, bank...

Tourism

Businesses to Contribute to the Tourism Budget

Tourism is an important economic sector substantially contributing to Hungary’s economy. Achieving growth in this increasingly competitive national and international...

Inside View

Hungarian Implementation of the EU Whistleblowing Directive

On 23 May 2023, the Hungarian Parliament adopted its long-awaited Whistleblower Protection Act to implement the EU Whistleblowing Directive (EU...

Inside View

Data Security Concerns of Smart Grids

Smart grids are rapidly becoming the backbone of modern electricity networks. The integration of digital communication and control technologies enables...

Inside View

Winds of Change: Possible Turning Point for Hungary’s Wind Energy Sector

No new wind farms have been built in Hungary for almost a decade. However, the need for wind energy is...

Inside View

Do Androids Dream of Biased Judges? Self-fulfilling Prophecies in AI Litigation Prediction

It is not exactly breaking news for anyone that technology is rapidly changing the legal profession. Although, lately, it has...

Analysis

New tax on interest income

According to a government decree adopted last Wednesday, from 1 July 2023, interest income will be subject to a 13%...

Analysis

How Will the Global Minimum Tax Change Role of CFOs?

Gergely Czoboly, senior manager at PwC Hungary and one of Hungary’s most experienced global minimum tax experts, explains how the...

Analysis

Do not Fall Into a VAT Trap: Manufacturing or Toll Manufacturing Makes a Huge Difference

Hungary is often mentioned as a country of manufacturers, but there is a significant difference from a tax point of...

Inside View

How to Keep the Shares of a Family and its Business Together

Internal feuding can make the operation of a family business impossible. If the owners and managers of the company cannot...

Inside View

How to Comply Effectively With the new Transfer Pricing Obligations

Undoubtedly, 2023 will be a great challenge again for multinational companies, not least because of the latest adjustments to transfer...

Inside View

Crucial Importance of Cooperation Between Taxation and Audit

The dedicated team of Niveus Consulting Group is constantly working to provide all the benefits and more for its clients....

Inside View

Investing in Hungary’s Wind Renaissance: What Wind Tender Means for Stakeholders

Hungary has launched its most ambitious wind energy initiative in nearly two decades, opening a new chapter in the country’s...

Inside View

Energy Efficiency Also a Tax Opportunity

Diversifying Hungary’s energy supply has been on the agenda for years. The rapid expansion of solar power is a major...

Inside View

The Price of Medicine: How Discrediting a Competitor Became EUR 1 bln Competition law Risk

EU competition law does not prohibit a company from being a market leader; a dominant position can be a natural...

Inside View

Transfer Pricing Remains a Perennial Pharma Industry Issue: New Regulations Bring Fresh Challenges

Transfer pricing obligations in the pharmaceutical industry are considerably more complex than most other sectors. R&D activities, licensing and intellectual...

Tourism

We Must Offer High Culture Instead of Luxury

Budapest’s USP card may be its ability to attract affluent, culturally receptive upper-middle class travelers who return regularly because of...

Inside View

Pay Transparency: A Practical Tool for Comparing the Value of Different Roles

Although it is now clear that the transposition of the EU Pay Transparency Directive into Hungarian law has stalled, and...

Inside View

Energy Investment in Hungary: Sectors, Returns, and the Legal Infrastructure That Makes it Possible

Hungary has rewritten its electricity story in under a decade, and the numbers reward a careful reading. Solar, negligible in...

Inside View

Europe’s new Insolvency Rulebook: What it Means for Hungary

One of the long-standing shortcomings of EU economic integration has been the fragmentation of substantive insolvency law. With the adoption...

Inside View

Cyber Resilience Act: Companies Face First 2026 deadline

The EU Cyber Resilience Act (CRA) is set to shift cybersecurity from an IT concern to a product-compliance obligation. It...

Inside View

From Pay Reporting to Litigation Risk: The Impact of the EU Pay Transparency Directive

By 7 June 2026, Member States must transpose Directive (EU) 2023/970, which aims to strengthen transparency in equal pay between...

Inside View

Hungary’s Proposed Insolvency Regime: What Would the Draft Law Change?

A recently published draft law would fundamentally reshape how struggling businesses navigate financial distress, unifying two existing procedures into a...

Inside View

Sci-Fi Today: Tax Returns Entrusted to Machines

Just as administration, workflows, finances, and, indeed, almost every aspect of our lives are undergoing unprecedented transformation, the world of...

Inside View

Advantages of Hungarian Trust Asset Management Also Available to Foreigners

Although many people in the Hungarian market are already familiar with the trust asset management system, foreign investors and wealthy...

Inside View

Mind the 5%: Getting Ahead of Gender Pay Gap Rules in Hungary

It is widely known that by the summer of 2026, it will be mandatory to apply the principle of equal...

Inside View

Adaptive Reuse of Existing Office Building Stock: Legal Pitfalls

Hungary’s new Architecture Act reframes how projects are conceived, designed, approved, and protected. It elevates sustainability and heritage protection to...

Investing in Hungary’s Wind Renaissance: What Wind Tender Means for Stakeholders

Hungary has launched its most ambitious wind energy initiative in nearly two decades, opening a new chapter in the country’s...

Energy Efficiency Also a Tax Opportunity

Diversifying Hungary’s energy supply has been on the agenda for years. The rapid expansion of solar power is a major...

The Price of Medicine: How Discrediting a Competitor Became EUR 1 bln Competition law Risk

EU competition law does not prohibit a company from being a market leader; a dominant position can be a natural...

Transfer Pricing Remains a Perennial Pharma Industry Issue: New Regulations Bring Fresh Challenges

Transfer pricing obligations in the pharmaceutical industry are considerably more complex than most other sectors. R&D activities, licensing and intellectual...

We Must Offer High Culture Instead of Luxury

Budapest’s USP card may be its ability to attract affluent, culturally receptive upper-middle class travelers who return regularly because of...

Pay Transparency: A Practical Tool for Comparing the Value of Different Roles

Although it is now clear that the transposition of the EU Pay Transparency Directive into Hungarian law has stalled, and...

Energy Investment in Hungary: Sectors, Returns, and the Legal Infrastructure That Makes it Possible

Hungary has rewritten its electricity story in under a decade, and the numbers reward a careful reading. Solar, negligible in...

Europe’s new Insolvency Rulebook: What it Means for Hungary

One of the long-standing shortcomings of EU economic integration has been the fragmentation of substantive insolvency law. With the adoption...

Cyber Resilience Act: Companies Face First 2026 deadline

The EU Cyber Resilience Act (CRA) is set to shift cybersecurity from an IT concern to a product-compliance obligation. It...

From Pay Reporting to Litigation Risk: The Impact of the EU Pay Transparency Directive

By 7 June 2026, Member States must transpose Directive (EU) 2023/970, which aims to strengthen transparency in equal pay between...

Hungary’s Proposed Insolvency Regime: What Would the Draft Law Change?

A recently published draft law would fundamentally reshape how struggling businesses navigate financial distress, unifying two existing procedures into a...

Sci-Fi Today: Tax Returns Entrusted to Machines

Just as administration, workflows, finances, and, indeed, almost every aspect of our lives are undergoing unprecedented transformation, the world of...

Advantages of Hungarian Trust Asset Management Also Available to Foreigners

Although many people in the Hungarian market are already familiar with the trust asset management system, foreign investors and wealthy...

Mind the 5%: Getting Ahead of Gender Pay Gap Rules in Hungary

It is widely known that by the summer of 2026, it will be mandatory to apply the principle of equal...

Adaptive Reuse of Existing Office Building Stock: Legal Pitfalls

Hungary’s new Architecture Act reframes how projects are conceived, designed, approved, and protected. It elevates sustainability and heritage protection to...