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TAX NEWS

How high is the Hungarian tax wedge?

What tax burdens does the Hungarian tax system impose on taxable persons? How worrisome are these burdens? How complicated is the system? What result would we get after comparing it with the regional and international systems? What changes and developments has the...

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....

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