You are here

Tax-News

Banner: Blonde Frau zuhörend im Bild. Rückenansicht weiterer Personen.

Tax News: Filing Fees for Entry in Land Register and Attention With the Real Estate Transfer Tax

After the Superior Administrative Court ("Verfassungsgerichtshof") had ruled that the Act on Court Filing Fees ("Gerichtsgebührengesetzes") cannot apply the tax base of the Real Estate Transfer to calculate the filig fees for entry in the land register beyond the end of 2012 anymore the new law requires the fair market value to be applied for means of calculating the filig fees for entry in the land register. This inlcudes gifts and inheritances from Jan. 1st, 2013 on. Several pleasing exceptions apply. Beware of changes in the Real Estate Transfer Tax due to a Superior Administrative Court ("Verfassungsgerichtshof") ruling.
05.02.2013

Tax News (HU) - Company registration and tax registration rules tightened

At the beginning of 2012, several changes were introduced that affected the registration of companies in Hungary. As a result, the procedure became more expensive, slower and more complicated. Before the issuance of the tax identification number, a separate tax registration procedure is carried out. The tax authority examines - based on the reported data and from the data received from the Company Court - the circumstances that could hinder the issuance of a tax number based on the law. It is possible to appeal against the tax authority's decision, but please beware the short deadlines. (This article is available in Hungarian and German.)
01.06.2012

Tax News (HU): Reverse charge VAT in agriculture

Under the reverse charge method, the taxable customer is liable to declare the VAT payable instead of the service provider or seller. From 1 July 2012, this method is be extended to the domestic supply of certain agricultural products. The new rule was introduced for a transitional period of 2 years in order to hinder VAT fraud. (This article is available in Hungarian only.)
23.07.2012

Pages

Need help?

Contact us!