November 23, 2011
Hungary’s parliament has passed legislation to increase VAT from 25% to 27% in a move that will take its rate above the EU maximum.
October 05, 2011
The Hungarian government has announced that VAT will increase from 25% to 27%. The rise was announced ahead of the 2012 budget which aims to add HUF1 trillion ($4.75 billion) to government coffers to meet its target of having a deficit of 2.5% of GDP at most.
October 01, 2011
Mexico, with the largest treaty network in Latin America, signed a new tax treaty with Hungary at the end of June.
September 12, 2011
The UK and Hungary have signed a comprehensive agreement for the avoidance of double taxation that will provide increased cross-border certainty between the two countries.
July 04, 2011
June 09, 2011
The Senate Foreign Relations committee, the US congressional body responsible for formulating foreign policy, held a hearing Wednesday on pending treaties related to taxation and transparency in reporting.
May 19, 2011
International Tax Review broke new ground last night with the presentation of awards for the leading in-house tax teams in Europe for direct and indirect tax.
March 16, 2011
Only five EU member states would see a rise in their GDP as a result of the introduction of a common consolidated corporate tax base (CCCTB), the European Commission’s own impact assessment study into the plans has found.
February 01, 2011
International Tax Review will present its sixth annual European Tax Awards at the Dorchester Hotel in London on May 18 2011.
January 10, 2011
Foreign investors in Hungary have criticised the country’s ‘crisis tax’ imposed on telecommunications, energy and retail firms, arguing that it targets them unfairly.