Tax News Hungary : SUPREME COURT: VAT ON BAD DEBTS IS TO BE REFUNDED

In its verdicts in the Di Mauro and the Porr cases, the ECJ has given a green light to the reclaim of VAT on bad debts. Notwithstanding, Hungarian taxpayers still had to launch domestic procedures to enforce their rights to reclaim. The Hungarian Supreme Court has recently announced its first decisions in such cases, for the benefit of the taxpayers. To red the full article, click [...]

By | 2021-07-02T19:05:14+02:00 July 2nd, 2021|Hungary|

Tax News Hungary : NAV TO HAVE ACCESS TO DUBAI-BASED SHELL COMPANIES’ DATA

Based on a new OECD standard, tax authorities will be better placed to monitor the activities of companies registered in tax havens and to access their key financial data. Although it remains to be seen how the Hungarian tax authority will use this information, several popular tax minimisation strategies may be affected. To read the full article, click here : NAV TO HAVE ACCESS TO DUBAI-BASED [...]

By | 2021-07-02T19:01:20+02:00 July 2nd, 2021|Hungary|