Hungary, Switzerland: Amending protocol to tax treaty enters into force
The amending protocol the 2012 income and capital tax treaty between Hungary and Switzerland entered into effect on 16 November 2025. The protocol will generally take effect from 1 January 2026 for withholding and other taxes. Changes under
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Hungary gazettes laws on ratification of CARF MCAA
Hungary’s President has signed the Law No. LXXIII of 2025 on the Multilateral Competent Authority Agreement on Automatic Exchange of Information Pursuant to Crypto-Asset Reporting Framework (CARF MCAA), and its list of participating jurisdictions,
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Hungary gazettes laws on ratification of DPI MCAA
Hungary’s President has signed the Law No. LXXIII of 2025 on the Multilateral Competent Authority Agreement on Automatic Exchange of Information on Income Derived Through Digital Platforms (DPI MCAA) approving the DPI MCAA and its list of
See MoreHungary joins GIR MCAA
Hungary has joined the Multilateral Competent Authority Agreement on the Exchange of GloBE Information (GIR MCAA), under Pillar 2 of the OECD/G20 Inclusive Framework's two-pillar solution, as of 31 October 2025. The Global Anti-Base Erosion
See MoreHungary: National Assembly automatic exchange of information on crypto-assets, financial accounts, digital platform income
Hungary’s National Assembly ratified three OECD agreements—CARF MCAA, CRS MCAA Addendum, and DPI-MCAA—to enhance automatic exchange of information on crypto-assets, financial accounts, and digital platform income Regfollower
See MoreHungary: NAV publishes final QDMTT advance payment form on ONYA platformÂ
The 24GLBADO form is required for reporting and paying the QDMTT advance under the country’s implementation of Pillar 2 global minimum tax rules. Hungary's National Tax and Customs Administration (NAV) has published the 24GLBADO form on the
See MoreHungary: Parliament reviews Autumn Tax Package measures
Hungary’s draft autumn tax package, presented on 14 October 2025, proposes adjustments across corporate, VAT, insurance, retail, and advertisement taxes—including R&D incentives, global minimum tax compliance, reduced VAT on beef,
See MoreHungary: Government presents DAC8, DAC9 implementation bill to parliamentÂ
The legislation aims to align Hungarian law with EU directives by regulating crypto-asset reporting and implementing global minimum tax rules. Hungary’s government has presented Bill No. T/12802 on the implementation of DAC8 and DAC9 in the
See MoreHungary, US considering reinstatement of tax treaty
The US ended its 1979 tax treaty with Hungary, effective 1 January 2024, while a 2010 treaty between the two was never ratified. Representatives from Hungary and the US held discussions on strengthening bilateral relations on 17 October 2025. A
See MoreHungary: NAV Issues draft minimum top-up tax prepayment form
The draft 24GLBADO form is required for reporting and paying the QDMTT advance under the country’s implementation of Pillar 2 global minimum tax rules. Hungary's National Tax and Customs Administration (NAV) has introduced a draft version of
See MoreHungary initiates authorisation process for Carbon Border Adjustment Mechanism (CBAM)
The application window for CBAM authorised declarant status has opened on 1 September 2025. The National Climate Protection Authority of Hungary has announced that the application window for becoming an authorised CBAM (Carbon Border Adjustment
See MoreHungary joins addendum to the CRS MCAA
Hungary signed the Addendum to the CRS MCAA on 8 September 2025. According to an OECD update, Hungary signed the Addendum to the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information (CRS MCAA) on 8
See MoreHungary: HTA introduces stricter rules for online invoice reporting errors
Starting 15 September 2025, Hungary’s tax authority will tighten online invoice reporting rules, with fines of up to HUF 1,000,000 per invoice for non-compliance. Hungary’s tax authority (HTA) will enforce stricter rules for online invoice
See MoreHungary updates tax rates on retail, financial entities, and insurance sectors
Act LIV of 2025 introduces updated tax rates, increased VAT thresholds, and new regulations across retail, financial, insurance, and energy sectors, along with enhanced R&D deductions. Hungary has published Act LIV of 2025 in the Official
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Switzerland ratifies tax treaty protocol with Hungary
Switzerland ratified the first protocol amending its 2012 tax treaty with Hungary, effective after the exchange of ratification. Switzerland published Federal Decree No. 2042/2025 in its Official Gazette on 1 July 2025, approving the ratification
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Switzerland: Council of States approves tax treaty protocol with Hungary
The Swiss Council of States ratified the first amending protocol to the 2012 tax treaty with Hungary on 10 June 2025, following earlier approval by the National Council. The Swiss Council of States approved the ratification of the protocol to the
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Ethiopia, Hungary conclude second round of tax treaty negotiations
Representatives from Ethiopia and Hungary met in Addis Ababa for a second round of negotiations for a DTA. Ethiopia and Hungary have concluded a second round of negotiations for the avoidance of double taxation in Addis Ababa, following
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Bahrain ratifies IPA with Hungary
Bahrain has completed the ratification of the Bahrain-Hungary Investment Protection Agreement (2024) through Law No. 19 of 2025, effective as of 23 April 2025. Investment Promotion Agreements (IPAs) commit national governments to reduce
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