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Hungary - Marked Reduction in Tax Burden for Companies from 2017 Onwards Due, in Part, to a Revamping of Employee Benefits

Country:
Hungary
Author:
R. Felkai
Issue:
European Taxation, 2017 (Volume 57), No 5
Published:
19 April 2017
This note addresses the efforts of the legislator to enact significant reductions in the corporate tax burden from 2017 onwards following several years of stability in respect of Hungarian tax law. This is to be accomplished by lowering income taxes, on the one hand, and reducing non-wage labour costs, on the other.
 
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