Taxation in Hungary

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An education program aimed at giving asylum seekers and refugees in Hungary a new start is the first casualty of the government’s most recent anti-immigrant measures. This week, the Central European University (CEU) suspended its award-winning Open Learning Initiative (OLIve) program for asylum seekers and refugees, just days after a 25 percent tax on any […]

A bill submitted by the government to Parliament late Tuesday would raise the revenue threshold for the Small Business Tax (KIVA) and phase out the Simplified Business Tax (EVA). The bill was among a plethora submitted during the day, affecting real estate investment trusts (REITs), late payments, bank transfers and other areas.

The Hungarian government has stepped up its anti-immigration measures with plans to introduce a 25% tax on aid groups it says support migration.

Hungary’s government is to cut its corporate tax rate to the lowest level in the EU in a sign of increasingly competitive tax practices among countries seeking to lure foreign direct investment.

Hungary’s government is planning further cuts in corporate and personal income tax rates, lower payroll taxes and reforms to higher education to boost competitiveness, Prime Minister Viktor Orban said on Thursday.

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