Hungary: Amended autumn tax package submitted to Parliament
Tax changes expected to come into effect in Hungary
Hungary’s autumn tax package was submitted to Parliament on October 29, 2024, and contains several amendments compared to the version published for public consultation. Read TaxNewsFlash
The amendments relate to:
- Corporate income tax
- Global minimum tax
- Individual (personal) income tax
- Value added tax
- Registration tax
- Green tax
- Retail tax
- Contribution of airlines
- Financial transaction tax
- Advertisement tax
- Transfer tax
- Local business tax
- Inflation-tracking tax increase mechanism
Read a November 2024 report prepared by the KPMG member firm in Hungary