14 July 2016 Hungary implements new IP regime The Hungarian Government approved the tax law amendments governing the new Hungarian intellectual property (IP) regime. The amendments — now final and effective — are in line with the modified nexus approach set forth by the Organisation for Economic Co-operation and Development (OECD). Under the new set of rules, a 50% deduction is available for qualifying IP income and in proportion with qualifying research and development (R&D) expenses, whether incurred locally or in a foreign branch. Document ID: 2016-1219 |
