Banking

Banking

Varga: Gov’t in no hurry to lower general VAT

The Hungarian government has a long-term plan to reduce the general VAT rate from 27% to 25%, however, this is...

Banking

Budapest Bank, savings coop integrator members win MFB partner points tender

A consortium of state-owned Budapest Bank and savings cooperative integrator SZHISZ members Takarékbank, B3 Takarék Szövetkezet and FHB, has won...

Banking

Report: Hungary eyes new tax on rental market

The Hungarian government is expected to submit a proposal that would levy a flat-rate tax on the rental market –...

Banking

Tállai: Hungary committed to single digit personal income tax

The governmentʼs objective remains pushing personal income tax into the single-digits, although, it is unclear what the income tax reduction...

Banking

Varga: Government plans to expand e-till system

The Hungarian government is planning to expand the mandatory use of cash registers directly connected to the Hungarian Tax and...

Banking

Hungary’s general government runs HUF 14.8 bln surplus at end-February

Hungaryʼs general government balance, excluding local councils, had a cashflow-based surplus of HUF 14.8 billion at the end of February,...

Banking

Varga: Unexpectedly high taxes, contributions create surplus

Both tax income revenues and contributions came in higher than expected in the period of January-February, keeping the general government...

Banking

Hungary offers tax benefits for Olympic supporters

The Hungarian Parliament today approved legislation to offer tax breaks to companies that financially support the capital’s bid to host...

Banking

Tax deadline for sole proprietorships this Thursday

Sole proprietorships operating in Hungary and individuals that are required to make VAT payments must complete form No. 1533 and...

Banking

Deloitte Hungary welcomes new leadership partner

Deloitteʼs Tax and Legal services leadership team in Hungary welcomed Péter Gerendási on September 1, 2015, according to an announcement...

Banking

Economy ministry drafts bill simplifying tax procedure

Hungary’s National Economy Ministry is expected to submit draft legislation to the government on simplifying tax procedures by the end of...

Banking

CEU Business School column: Hungary’s tax system misses the mark

When it comes to encouraging growth and improving income distribution, the country’s tax regime seems inadequate. ...

Banking

Óbuda considers tax on ugly buildings

The local council of Óbuda, Budapest’s Third District, is discussing plans to introduce a tax on buildings that are considered...

Banking

Casinos required to pay more than HUF 7 bln in taxes in 2015

Hungarian casinos were due to pay a combined gambling tax of HUF 7.375 billion in 2015, reduced to HUF 3.086...

Banking

Editorial: New Yearʼs resolutions weʼd like to see

The following is the editorial from the Budapest Business Journalʼs January 15 biweekly edition....

Banking

Varga: Gov’t in no hurry to lower general VAT

The Hungarian government has a long-term plan to reduce the general VAT rate from 27% to 25%, however, this is...

Banking

Budapest Bank, savings coop integrator members win MFB partner points tender

A consortium of state-owned Budapest Bank and savings cooperative integrator SZHISZ members Takarékbank, B3 Takarék Szövetkezet and FHB, has won...

Banking

Report: Hungary eyes new tax on rental market

The Hungarian government is expected to submit a proposal that would levy a flat-rate tax on the rental market –...

Banking

Tállai: Hungary committed to single digit personal income tax

The governmentʼs objective remains pushing personal income tax into the single-digits, although, it is unclear what the income tax reduction...

Banking

Varga: Government plans to expand e-till system

The Hungarian government is planning to expand the mandatory use of cash registers directly connected to the Hungarian Tax and...

Banking

Hungary’s general government runs HUF 14.8 bln surplus at end-February

Hungaryʼs general government balance, excluding local councils, had a cashflow-based surplus of HUF 14.8 billion at the end of February,...

Banking

Varga: Unexpectedly high taxes, contributions create surplus

Both tax income revenues and contributions came in higher than expected in the period of January-February, keeping the general government...

Banking

Hungary offers tax benefits for Olympic supporters

The Hungarian Parliament today approved legislation to offer tax breaks to companies that financially support the capital’s bid to host...

Banking

Tax deadline for sole proprietorships this Thursday

Sole proprietorships operating in Hungary and individuals that are required to make VAT payments must complete form No. 1533 and...

Banking

Deloitte Hungary welcomes new leadership partner

Deloitteʼs Tax and Legal services leadership team in Hungary welcomed Péter Gerendási on September 1, 2015, according to an announcement...

Banking

Economy ministry drafts bill simplifying tax procedure

Hungary’s National Economy Ministry is expected to submit draft legislation to the government on simplifying tax procedures by the end of...

Banking

CEU Business School column: Hungary’s tax system misses the mark

When it comes to encouraging growth and improving income distribution, the country’s tax regime seems inadequate. ...

Banking

Óbuda considers tax on ugly buildings

The local council of Óbuda, Budapest’s Third District, is discussing plans to introduce a tax on buildings that are considered...

Banking

Casinos required to pay more than HUF 7 bln in taxes in 2015

Hungarian casinos were due to pay a combined gambling tax of HUF 7.375 billion in 2015, reduced to HUF 3.086...

Banking

Editorial: New Yearʼs resolutions weʼd like to see

The following is the editorial from the Budapest Business Journalʼs January 15 biweekly edition....

Varga: Gov’t in no hurry to lower general VAT

The Hungarian government has a long-term plan to reduce the general VAT rate from 27% to 25%, however, this is...

Budapest Bank, savings coop integrator members win MFB partner points tender

A consortium of state-owned Budapest Bank and savings cooperative integrator SZHISZ members Takarékbank, B3 Takarék Szövetkezet and FHB, has won...

Report: Hungary eyes new tax on rental market

The Hungarian government is expected to submit a proposal that would levy a flat-rate tax on the rental market –...

Tállai: Hungary committed to single digit personal income tax

The governmentʼs objective remains pushing personal income tax into the single-digits, although, it is unclear what the income tax reduction...

Varga: Government plans to expand e-till system

The Hungarian government is planning to expand the mandatory use of cash registers directly connected to the Hungarian Tax and...

Hungary’s general government runs HUF 14.8 bln surplus at end-February

Hungaryʼs general government balance, excluding local councils, had a cashflow-based surplus of HUF 14.8 billion at the end of February,...

Varga: Unexpectedly high taxes, contributions create surplus

Both tax income revenues and contributions came in higher than expected in the period of January-February, keeping the general government...

Hungary offers tax benefits for Olympic supporters

The Hungarian Parliament today approved legislation to offer tax breaks to companies that financially support the capital’s bid to host...

Tax deadline for sole proprietorships this Thursday

Sole proprietorships operating in Hungary and individuals that are required to make VAT payments must complete form No. 1533 and...

Deloitte Hungary welcomes new leadership partner

Deloitteʼs Tax and Legal services leadership team in Hungary welcomed Péter Gerendási on September 1, 2015, according to an announcement...

Economy ministry drafts bill simplifying tax procedure

Hungary’s National Economy Ministry is expected to submit draft legislation to the government on simplifying tax procedures by the end of...

CEU Business School column: Hungary’s tax system misses the mark

When it comes to encouraging growth and improving income distribution, the country’s tax regime seems inadequate. ...

Óbuda considers tax on ugly buildings

The local council of Óbuda, Budapest’s Third District, is discussing plans to introduce a tax on buildings that are considered...

Casinos required to pay more than HUF 7 bln in taxes in 2015

Hungarian casinos were due to pay a combined gambling tax of HUF 7.375 billion in 2015, reduced to HUF 3.086...

Editorial: New Yearʼs resolutions weʼd like to see

The following is the editorial from the Budapest Business Journalʼs January 15 biweekly edition....