The Ministry of National Economy (’the Ministry’) of Hungary has proposed changes to Hungarian transfer pricing documentation requirements. They have introduced provisions relating to low value added services and specified criteria for selection of comparable transactions from databases of company information, some of which would simplify the existing transfer pricing rules. The proposal to include criteria for selection of comparables according to the new regulation is a significant deviation from the international practice.
Related Posts
Hungary: NAV publishes guidance on global minimum tax data reporting obligations
June 12, 2026
Hungary's National Tax and Customs Administration (NAV) has announced the release of the Factsheet for Global Minimum Tax Reporting (DAC9/GIR) on 4 June 2026. The factsheet provides practical guidance for multinational and large domestic
Read MoreHungary: NAV introduces GloBE top-up tax reporting form
June 01, 2026
Hungary's National Tax and Customs Administration (NAV) has introduced an expanded version of Form 24GLBADO to streamline reporting of the country's additional global minimum tax requirements. The form, initially used for advance qualified domestic
Read MoreHungary issue global minimum tax reporting guidelines
May 20, 2026
Hungary’s tax authorities released comprehensive guidance on 13 May 2026 addressing the reporting requirements for global minimum tax obligations. This guidance provides taxpayers with clarity on the detailed data submissions required under
Read MoreHungary gazettes permanent suspension of advertisement tax
May 18, 2026
Hungary has gazetted the Act XIV of 2026 on 9 May 2026, introducing various amendments and measures that entered into force on 14 May 2026. The Act also elevates certain provisions of government decrees to a statutory level, including those of
Read MoreHungary: NAV clarifies GloBE information return requirements
May 15, 2026
Hungary’s National Tax and Customs Administration (NAV) has published an explanatory guide to the GloBE Information Return (GIR) XML schema, aligned with OECD definitions, to clarify data reporting requirements under the country’s DAC9
Read More
Hungary referred to EU Court over contested retail tax regime on foreign retailers
April 30, 2026
The European Commission announced on 28 April 2026 that it has decided to refer Hungary to the Court of Justice of the European Union for failing to bring its retail tax regime in line with the freedom of establishment guaranteed by Articles 49 and
Read More