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Hungary proposals for 2015 | Meridian

Hungary proposals for 2015 | Meridian.

In 2015, Hungary is proposing to implement new tax legislation which will affect corporate and individual tax payers. VAT will also be affected if these proposals come into place.

  • The changes that these proposals would make with regards to corporate taxation would include:
  • The revision of research and development rules for tax benefits
  • The alternation of the treatment of tax loss carryforwards
  • The development and growth of subsidies for video productions and for team sports
  • The granting of the depreciation for goodwill
  • The explanation of the arm’s length range for transactions

For more information on VAT changes in Hungary click here.

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