Banking

Banking

Road haulage tracking and electronic tills boost government revenue by HUF 420 bln

The introduction of an electronic road haulage tracking system and the mandatory connection of tills to the tax office has...

Banking

Parliament approves new taxation system for 2017

The Hungarian Parliament ratified a package of new taxes today which will lower the VAT rate on milk, eggs and...

Banking

General government deficit reaches HUF 13.2 bln in May, 2% of full-year target

Hungaryʼs cashflow-based government deficit, excluding local councils, reached HUF 13.2 billion at the end of May, a first reading of...

Banking

MNB: Government plans considerable easing in 2017 budget bill

The 2.4% ESA deficit targeted by the government in the 2017 budget bill amounts to considerable easing compared to the...

Banking

Ministry: Brussels ‘practically destroyed’ Hungary’s voucher system

After submitting a bill to Parliament yesterday that would convert a portion of the national voucher system into cash, the...

Banking

Baker & McKenzie receives Hungarian Tax Firm of the Year award

Baker & McKenzie was named 2016 European Tax Firm of the Year and 2016 Hungary Tax Firm of the Year...

Banking

Analyst: Hungarian Parliament to weigh ‘Google tax’

Under next yearʼs budget plan, which is due for a vote in Parliament in the next few weeks, foreign digital...

Banking

First MFB partner points open across Hungary

The first partner points of state-owned Hungarian Development Bank (MFB) opened at 26 locations yesterday, state secretary Zsuzsa Németh said,...

Banking

Government deficit reaches 19% of full-year target

Hungaryʼs cashflow-based government deficit, excluding local councils, reached HUF 144.9 billion at the end of April, approximately 19% of the...

Banking

Growth tax credit could add HUF 240 bln to fiscal revenue

The Hungarian government foresees the growth tax credit adding approximately HUF 239.8 billion to fiscal revenue next year, according to...

Banking

Hungarian government submits 2017 tax bill

The Hungarian government submitted proposed changes to the 2017 tax bill to Parliament late yesterday, Hungarian news agency MTI reported....

Banking

State secretary outlines planned tax bill

The Hungarian government is planning to tie the excise tax on vehicle fuel to global energy prices and spending the...

Banking

Tax office restructuring expected to lift corporate tax revenue

Once the restructuring of Hungary’s National Tax and Customs Authority is complete – it currently stands at 60% completion –...

Banking

Government outlines capacity of budget reserves

The HUF 60 bln reserves in the National Protection Fund are sufficient to cover a 60 basis-point rise in yields...

Banking

V4 countries draft proposal to fight digital economy fraud

The Visegrád Four countries are planning to draft a proposal for the European Commission to fight digital economy fraud, Hungary’s...

Banking

Road haulage tracking and electronic tills boost government revenue by HUF 420 bln

The introduction of an electronic road haulage tracking system and the mandatory connection of tills to the tax office has...

Banking

Parliament approves new taxation system for 2017

The Hungarian Parliament ratified a package of new taxes today which will lower the VAT rate on milk, eggs and...

Banking

General government deficit reaches HUF 13.2 bln in May, 2% of full-year target

Hungaryʼs cashflow-based government deficit, excluding local councils, reached HUF 13.2 billion at the end of May, a first reading of...

Banking

MNB: Government plans considerable easing in 2017 budget bill

The 2.4% ESA deficit targeted by the government in the 2017 budget bill amounts to considerable easing compared to the...

Banking

Ministry: Brussels ‘practically destroyed’ Hungary’s voucher system

After submitting a bill to Parliament yesterday that would convert a portion of the national voucher system into cash, the...

Banking

Baker & McKenzie receives Hungarian Tax Firm of the Year award

Baker & McKenzie was named 2016 European Tax Firm of the Year and 2016 Hungary Tax Firm of the Year...

Banking

Analyst: Hungarian Parliament to weigh ‘Google tax’

Under next yearʼs budget plan, which is due for a vote in Parliament in the next few weeks, foreign digital...

Banking

First MFB partner points open across Hungary

The first partner points of state-owned Hungarian Development Bank (MFB) opened at 26 locations yesterday, state secretary Zsuzsa Németh said,...

Banking

Government deficit reaches 19% of full-year target

Hungaryʼs cashflow-based government deficit, excluding local councils, reached HUF 144.9 billion at the end of April, approximately 19% of the...

Banking

Growth tax credit could add HUF 240 bln to fiscal revenue

The Hungarian government foresees the growth tax credit adding approximately HUF 239.8 billion to fiscal revenue next year, according to...

Banking

Hungarian government submits 2017 tax bill

The Hungarian government submitted proposed changes to the 2017 tax bill to Parliament late yesterday, Hungarian news agency MTI reported....

Banking

State secretary outlines planned tax bill

The Hungarian government is planning to tie the excise tax on vehicle fuel to global energy prices and spending the...

Banking

Tax office restructuring expected to lift corporate tax revenue

Once the restructuring of Hungary’s National Tax and Customs Authority is complete – it currently stands at 60% completion –...

Banking

Government outlines capacity of budget reserves

The HUF 60 bln reserves in the National Protection Fund are sufficient to cover a 60 basis-point rise in yields...

Banking

V4 countries draft proposal to fight digital economy fraud

The Visegrád Four countries are planning to draft a proposal for the European Commission to fight digital economy fraud, Hungary’s...

Road haulage tracking and electronic tills boost government revenue by HUF 420 bln

The introduction of an electronic road haulage tracking system and the mandatory connection of tills to the tax office has...

Parliament approves new taxation system for 2017

The Hungarian Parliament ratified a package of new taxes today which will lower the VAT rate on milk, eggs and...

General government deficit reaches HUF 13.2 bln in May, 2% of full-year target

Hungaryʼs cashflow-based government deficit, excluding local councils, reached HUF 13.2 billion at the end of May, a first reading of...

MNB: Government plans considerable easing in 2017 budget bill

The 2.4% ESA deficit targeted by the government in the 2017 budget bill amounts to considerable easing compared to the...

Ministry: Brussels ‘practically destroyed’ Hungary’s voucher system

After submitting a bill to Parliament yesterday that would convert a portion of the national voucher system into cash, the...

Baker & McKenzie receives Hungarian Tax Firm of the Year award

Baker & McKenzie was named 2016 European Tax Firm of the Year and 2016 Hungary Tax Firm of the Year...

Analyst: Hungarian Parliament to weigh ‘Google tax’

Under next yearʼs budget plan, which is due for a vote in Parliament in the next few weeks, foreign digital...

First MFB partner points open across Hungary

The first partner points of state-owned Hungarian Development Bank (MFB) opened at 26 locations yesterday, state secretary Zsuzsa Németh said,...

Government deficit reaches 19% of full-year target

Hungaryʼs cashflow-based government deficit, excluding local councils, reached HUF 144.9 billion at the end of April, approximately 19% of the...

Growth tax credit could add HUF 240 bln to fiscal revenue

The Hungarian government foresees the growth tax credit adding approximately HUF 239.8 billion to fiscal revenue next year, according to...

Hungarian government submits 2017 tax bill

The Hungarian government submitted proposed changes to the 2017 tax bill to Parliament late yesterday, Hungarian news agency MTI reported....

State secretary outlines planned tax bill

The Hungarian government is planning to tie the excise tax on vehicle fuel to global energy prices and spending the...

Tax office restructuring expected to lift corporate tax revenue

Once the restructuring of Hungary’s National Tax and Customs Authority is complete – it currently stands at 60% completion –...

Government outlines capacity of budget reserves

The HUF 60 bln reserves in the National Protection Fund are sufficient to cover a 60 basis-point rise in yields...

V4 countries draft proposal to fight digital economy fraud

The Visegrád Four countries are planning to draft a proposal for the European Commission to fight digital economy fraud, Hungary’s...