17 May 2017

Hungary's tax changes for 2017-2018 discussed

Hungary’s Minister of National Economy has submitted the bill on the amendment of certain tax laws and other laws to Parliament. According to the commentary provided on the bill, the headline targets of the changes are: the increase of the economic competitiveness, the reduction of tax administration, the simplification of the taxation, as well as the introduction of several tax policy measures to encourage meeting the headline targets. Many amendments will enter into force as of fulfilling the tax liabilities of 2017.

A Tax Alert prepared by Ernst & Young Hungary, and attached below, provides additional details.

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ATTACHMENT

Full text of Tax Alert 2017-0807

Document ID: 2017-0807