Banking

Parliament approves ad tax hike

An increase in Hungaryʼs advertising tax from 5.3% to 7.5% was approved by Parliament on Tuesday morning. The proposal put...

Banking

EC raises growth forecasts for Hungary

In a fresh forecast released today, the European Commission has raised its projections for GDP growth in Hungary to 3.6%...

Banking

Gov’t to help pensioners back to work with bill

The governing Fidesz-KDNP coalition has submitted a bill to Parliament under which pensioners would have better opportunities to return to...

Banking

Ad tax hike could undermine media, says association

The Hungarian Advertising Association (MRSZ) has called on the government to drop plans to raise advertising tax from the current...

Banking

How to Manage the tax Affairs of Foreign Managers

It often occurs that a multinational company employs a foreign manager based on an employment contract or secondment. In the...

Banking

Competitiveness Council discusses proposals to promote digitalization

Hungaryʼs National Competitiveness Council has discussed proposals to promote digitalization, including a proposal on the introduction of a type of...

Banking

Fidesz MP hints at cut, not raise, in ad tax

Hungary will not introduce a 9% advertising tax - almost double the current measure - in 2018, as had been...

Banking

Lázár says ad tax rate still undecided

Although Minister for National Economy Mihály Varga submitted a proposal to Parliament that would raise the advertising tax from 5.3%...

Banking

Government plans major advertising tax hike

Advertising tax in Hungary is set to be raised from the current 5.3% to 9% as of June, for taxpayers...

Banking

OECD acknowledges structural reforms in Hungary, makes further recommendations

The OECD acknowledged structural reforms Hungaryʼs government has undertaken over the past two years in a report on Friday, but...

Banking

IMF says Hungary’s outlook is ‘favorable’ but ‘subject to risks’

International Monetary Fund (IMF) staff acknowledged Hungaryʼs “high economic growth” over the past several years and said the medium-term outlook...

Banking

General gov’t runs HUF 123.4 bln surplus in January, ministry confirms

Hungaryʼs cash flow-based general government balance, excluding local councils, showed a HUF 123.4 billion surplus in January, the Ministry for...

Banking

General gov’t runs HUF 123.4 bln surplus in January

Hungaryʼs cash flow-based general government balance, excluding local councils, showed a HUF 123.4 billion surplus in January, a first reading...

Banking

Why 9%?

Like lightning out of the blue; this is how everyone felt about the big announcement last November that the corporate...

Banking

Where do Taxes Go?

“Taxes” is a topic that entrepreneurs in Hungary are most concerned about. In a roundtable discussion organized by Bridge Budapest...

Banking

Parliament approves ad tax hike

An increase in Hungaryʼs advertising tax from 5.3% to 7.5% was approved by Parliament on Tuesday morning. The proposal put...

Banking

EC raises growth forecasts for Hungary

In a fresh forecast released today, the European Commission has raised its projections for GDP growth in Hungary to 3.6%...

Banking

Gov’t to help pensioners back to work with bill

The governing Fidesz-KDNP coalition has submitted a bill to Parliament under which pensioners would have better opportunities to return to...

Banking

Ad tax hike could undermine media, says association

The Hungarian Advertising Association (MRSZ) has called on the government to drop plans to raise advertising tax from the current...

Banking

How to Manage the tax Affairs of Foreign Managers

It often occurs that a multinational company employs a foreign manager based on an employment contract or secondment. In the...

Banking

Competitiveness Council discusses proposals to promote digitalization

Hungaryʼs National Competitiveness Council has discussed proposals to promote digitalization, including a proposal on the introduction of a type of...

Banking

Fidesz MP hints at cut, not raise, in ad tax

Hungary will not introduce a 9% advertising tax - almost double the current measure - in 2018, as had been...

Banking

Lázár says ad tax rate still undecided

Although Minister for National Economy Mihály Varga submitted a proposal to Parliament that would raise the advertising tax from 5.3%...

Banking

Government plans major advertising tax hike

Advertising tax in Hungary is set to be raised from the current 5.3% to 9% as of June, for taxpayers...

Banking

OECD acknowledges structural reforms in Hungary, makes further recommendations

The OECD acknowledged structural reforms Hungaryʼs government has undertaken over the past two years in a report on Friday, but...

Banking

IMF says Hungary’s outlook is ‘favorable’ but ‘subject to risks’

International Monetary Fund (IMF) staff acknowledged Hungaryʼs “high economic growth” over the past several years and said the medium-term outlook...

Banking

General gov’t runs HUF 123.4 bln surplus in January, ministry confirms

Hungaryʼs cash flow-based general government balance, excluding local councils, showed a HUF 123.4 billion surplus in January, the Ministry for...

Banking

General gov’t runs HUF 123.4 bln surplus in January

Hungaryʼs cash flow-based general government balance, excluding local councils, showed a HUF 123.4 billion surplus in January, a first reading...

Banking

Why 9%?

Like lightning out of the blue; this is how everyone felt about the big announcement last November that the corporate...