Hungary: Changes to autumn tax package, including Pillar Two rules, agreed by Parliament
Approved version narrows the scope of data that companies subject to global minimum tax are required to report by the end of the year.
Parliament has made changes to the autumn tax package, which was originally submitted on October 29, 2024. Read TaxNewsFlash
Changes to the autumn tax package concern:
- Corporate income tax
- Global minimum tax
- Individual income tax
- Value added tax (VAT)
- Tax procedural rules
- Retail tax
- Local business tax
Read a December 2024 report prepared by the KPMG member firm in Hungary