March inflation data has just been published, and they allow some insight into the latest developments in Hungarian economy. Get a quick overview here.
Category: Accountancy
Revamped form 2358 makes reporting easier for flat-rate taxpayers
Starting from this year, flat-rate taxpayers must report their income and pay their taxes not monthly but quarterly. This is done easiest through ONYA, the online reporting platform of the…
The essentials of corporate tax in Hungary
Are you planning to set up a Hungarian company? Then learn the basics of Hungarian taxation. Corporate tax will probably be a major part of the taxes to pay, even…
Local business tax deadlines for new businesses
Are you new to business? Or maybe just to flat-rate taxation? Either way, you might wonder how and when you are supposed to first pay the local business tax, since…
What to watch out for when setting up a foreign corporate bank account?
When doing business with foreign clients, it might come in handy if your Hungarian company has a foreign corporate bank account. There is no limitation on the number of corporate…
U.S.-Hungarian double taxation treaty stays canceled
Last week the Hungarian Tax Authority has published a notice about the effects of the cancellation of the U.S.-Hungarian double taxation treaty. This marks an end to hopes that the…