The next few weeks will be quite eventful regarding forming expectations about Hungarian economy in 2024. Key personalities are giving speeches at current events, and statistical data is also expected…
Tag: Investment
US-Hungarian double taxation treaty canceled – what to watch out for?
The agreement remained in force until 31 December 2023, but now it is not applicable anymore. In response, Hungary has introduced some changes to tax regulations to mitigate the impact.
What are the advantages of opening a securities account?
Money left on a regular bank account pays hardly any interests, while making investments through a securities account can even increase their value, especially in a high inflation environment like…
Tax benefits for government securities in Hungary
When you have income from interests, normally you pay personal income tax and social security contribution on those. However, if you invest in Hungarian government securities, you may not be…
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…
Is the loan of the Széchenyi Card Program a good option for your small business?
The Széchenyi Card Program is government-backed loan construction to support development projects at small and medium sized businesses in Hungary. With its 5% interest rate, it is an excellent option…