It is your task as a responsible parent to keep track of your and your children’s status and report any changes to the authorities AND to your employer’s accountant to…
Tag: taxation
Family allowance in Hungary
Family allowance is one of the best-known child benefits in Hungary, a general financial support paid directly by the state to all families bringing up children.
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.
Family tax benefit: the child benefit in Hungary relevant for salary calculation
In Hungary, there are many forms of child benefit. The two most important are the family allowance (“családi pótlék”) and the family tax benefit (“családi adókedvezmény”). The basis of both…