Hungary has finally agreed to the introduction of the global minimum tax in the EU. This will make major corporations with a worldwide yearly income over EUR 750 million pay…
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FTX bankruptcy and effects on crypto trading around the world
FTX is one of the largest international platforms for crypto trading – at least it was until recently. After a scandal related to loans provided to Alameda research, FTX filed…
Interest rate cap in Hungary steers investment toward government bonds
At the end of November 2022, an interest rate cap was introduced on Hungarian deposits above HUF 20 million in order to redirect investment toward government bonds. This is one…
Taxes in Hungary 2023
As the end of the year is creeping closer, it is worth starting to prepare for the new year. January is traditionally the season for the introduction of new tax…
5 things to watch out for as a freelancer under flat-rate taxation
Are you a freelancer who pays taxes under flat-rate taxation in Hungary? Whether you are a KATA orphan or have just started your business, there are a bunch of rules…
Taxes on long-term investment in Hungary
Are you looking for long-term investment options in Hungary? Bank deposits, government securities, and stocks are among the most popular options. Whichever you choose, you will be required to pay…