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Tax Changes 2010

RSM DTM Hungary Ltd held its tax conference with the German Chamber of Commerce on 25 November 2009 under the title “Tax changes 2010”.

Our speakers highlighted the most important aspects of the changes to corporate and income taxes and VAT, also demonstrating the practical side of the consequences of the relocation of registered offices through specific case studies.

The speakers were as follows: Mrs Zoltán Lucz and Dr Péter Csobánczy, Heads of the Income Tax and VAT Departments of the Ministry of Finance, Zsolt Kalocsai, CEO, Sándor Hegedüs, Head of the Tax Group, and Dr Bálint Szűcs, attorney-tax expert.

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Newsletter

Tax Intelligence: Changes of the act on duties

On July 22, 2010 the Parliament accepted the legislation proposal no. T/581 on the creation and modification of certain economic and financial acts, which was made public on August 13. 2010. The proposed legislation modifies certain provisions of the Act on Duties with effect of July 1, 2010. In the current issue of our newsletter we briefly report to you on the most important changes.

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Tax Intelligence: Changes in the application of the 10 percent corporate income tax rate

Parliament passed Bill No. T/581 on the Enactment and Amendment of certain Economic and Financial Laws on 22 July 2010. The Bill currently awaits forwarding to the President. The Bill amends the rules pertaining to the preferential 10 percent rate of corporate income tax with effect from 1 July 2010. This Newsletter is intended to provide you with concise information about these rules.

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