The introduction of global minimum corporate tax would be a major update to international tax rules. While the idea has been gaining momentum, some countries are against it. But how…
Tag: Affiliation
Subsidiaries and other forms of business in Hungary
A foreigner looking to start a company in Hungary can be perplexed by the many forms of business offered by the country. The most popular one is undoubtedly the Ltd…
Taxes for affiliated SMEs in Hungary
Do you own, manage or do business with multiple SMEs in Hungary? They may be considered affiliated undertakings, which can affect taxation depending on the circumstances. The regulation seems complex,…
Controlled Foreign Corporation or CFC laws in Hungary
CFC laws in general, alongside double taxation treaties, control how and where income from foreign companies should be taxed.