The Serbian government approved the protocol amending the 2001 income and capital tax treaty with Hungary on 31 October 2024. The protocol includes clarifications on several key terms. Specifically, it defines that in the context of relations

Hungary announced the autumn tax package proposal on 29 October 2024, which includes the reporting obligations for taxpayers under the Global Minimum Tax Act. The latest proposal has no amendments compared to the previous version released for public

Hungary’s parliament has ratified the protocol amending Hungary's income tax treaty with Switzerland on 4 November 2024. The protocol is expected to expand cooperation between the two nations, facilitate stronger business relations, and combat tax

Hungary’s parliament has ratified the protocol amending Hungary's tax treaty with Serbia on 4 November 2024. The protocol is expected to expand cooperation between the two nations, facilitate stronger business relations, and combat tax

Hungary’s parliament passed the 2024 Hungary-US Agreement on the Automatic Exchange of Country-By-Country (CbC) Reports on 4 November 2024. The CbC agreement was signed on 15 July 2024 by Hungary and on 1 August 2024 by the US. The newly

Effective 1 January 2025, electronic invoicing (e-invoicing) will be compulsory in Hungary for electricity and natural gas suppliers, including traders, distributors, and transmission system operators supplying electricity and natural gas to