If you buy goods from outside the European Union often, you probably know that value added tax and customs duty do not apply to such purchases under a certain value.…
Tag: International Taxation
Taxes in Hungary: avoiding double taxation
Have you heard about double taxation? The expression may sound intimidating: paying taxes once is just about enough, right? Luckily, double taxation is not too frequent, but it is important…
Taxing distance selling in the EU
What is distance selling? How is distance selling taxed in the EU? When exactly do I have to register for VAT in the other EU member state? Learn more
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.