Corporate Tax
Are you an expat living, working, or doing business in Hungary? Then it is best if you keep an eye on changes to regulations in case any of them are relevant to you.
The post 2023 tax changes in Hungary appeared first on HELPERS.
Are you an expat living, working, or doing business in Hungary? Then it is best if you keep an eye on changes to regulations in case any of them are relevant to you.
The post 2023 tax changes in Hungary appeared first on Helpers Hungary.
Hungary has finally agreed to the introduction of the global minimum tax in the EU. This will make major corporations with a worldwide yearly income over EUR 750 million pay corporate tax at 15%. While the Hungarian standard corporate tax can remain 9%, the implementation of the global minimum tax will affect all the relevant …
The post Global minimum tax will not affect Hungarian SMEs appeared first on Helpers Finance.
New opportunity to save on taxes in Hungary: If your Hungarian company does most of its business in foreign currencies, you can avoid exchange fees by paying your taxes directly in EUR or USD. The new rules apply to TAO and HIPA (the regular corporate tax and the local business tax), and will be relevant …
The post Pay your taxes in foreign currencies from 2023 appeared first on Helpers Finance.
If you were a KATA subject, you probably had to make some tough decisions over the last month or so. As 1 September, the great watershed is here, let’s have an overview of things to take care of when switching to KATA 2.0 or choosing another tax regime. Which way next? KATA was available to …
The post Checklist for KATA orphans and KATA 2.0 subjects in September appeared first on Helpers Finance.
Early July, the U.S. canceled the double taxation treaty between Hungary and the U.S. Unless a new treaty is signed over the next year or so, natural persons and entities that have income from both the U.S. and Hungary will face a significant tax increase starting from January 2024. Double taxation treaty with the U.S. …
The post Double taxation treaty cancelled between the US and Hungary appeared first on Helpers Finance.
While flat-rate taxation is a cost-effective alternative for self-employed KATA orphans from September, it is not available for limited partnerships. Instead, they may consider whether TAO, KIVA and/or EKHO are suitable alternatives for their company. Limited partnerships in Hungary The limited partnership (“betéti társaság” or “BT”) in Hungary is a popular form of company for …
The post KATA alternatives for limited partnerships: TAO, KIVA, EKHO appeared first on Helpers Finance.
After new restrictions on the KATA tax regime made it impossible for many current KATA taxpayers to continue doing business under the same rules, we have compiled a set of options they can choose instead, complete with drawbacks and pitfalls. KATA: the tax for small taxpayers 10 years ago, KATA was introduced to encourage people …
The post Options for KATA taxpayers starting from September appeared first on Helpers Finance.
When you set up a Hungarian company, you probably expect to make money on it. But how much of the company’s revenue can you actually take for yourself? Learn the basics of Hungarian corporate taxes, and how to take dividend from your company. From revenue to profit The money your Hungarian company gets from sales …
The post Dividend in Hungary 101: how much do you get from your company? appeared first on Helpers Finance.
After the October announcement of joining the global minimum tax convention, Hungary has just vetoed the EU proposal on implementation, while the Hungarian Parliament has also passed a bill on not supporting the scheme for the time being.
The post Hungary vetoes EU global minimum tax proposal appeared first on HELPERS.