Hungary's Tax System Offers Lucrative International Planning Opportunities for Businesses.
The article "Hungary in International Tax Planning" provides an overview of Hungary's legal and tax environment, focusing on corporate and individual income taxation, business associations, and indirect taxes. It discusses the historical background of Hungary's transition to a market economy and its position as a hub for investments in Central Europe. The research delves into tax rates, tax liabilities, and tax planning opportunities for both resident corporations and foreign enterprises operating in Hungary. It also covers topics such as VAT principles, local taxes, and social insurance contributions. The goal is to help readers understand the complexities of Hungary's tax system and how it impacts businesses and individuals operating within the country.