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TAX NEWS

Anti-money laundering rules – extended deadline

As already mentioned in our earlier newsletters, the Act on Anti-Money Laundering (“Act”) came into force on 26 June 2017. Based on transitional rules, service providers falling under the Act (i.e. financial institutions, lawyers, tax advisors etc.) should have...

GDPR Implementation and Enforcement After One Year

  A Pan-European comparative analysis including infringements and sanctions France “In France, a 50 million euros fine has been imposed by the Commission Nationale de l’Informatique et des Libertés (CNIL) on Google LLC by a decision n° SAN 2019-001 of January 2019....

Brexit – New tax bill concerning UK individuals working in Hungary

As probably everybody knows by now, the UK is supposed to leave the European Union on 29 March 2019. Although the situation is changing almost every day, seemingly Hungary wants to have a solution for UK citizens if the UK leaves the EU without a deal. A potential...

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