Taxation is simple if you only have income where you live. However, it gets complicated when you start making money in two countries. By determining your tax residency, you can…
Tag: Personal Income Tax
Personal income tax donation: redirect 1% of your PIT to an NGO
Do you have taxable income in Hungary? If yes, you can choose to donate a small part of your taxes to charitable causes. What is best, this is a donation…
Where to pay taxes? Tax residency in Hungary
Determining tax residency is of key importance in deciding where to pay taxes after income. Normally, a country may levy a tax on income if the individual generating it has…