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TAX NEWS

New legislation process during emergency period

Source: Szabó, Kelemen and Partners Attorneys at Law Pursuant to a new legislation passed by the Parliament of Hungary the following shall apply from here on until the revocation thereof by the Parliament upon the termination of the state of danger. In order to...

New state aid opportunities due to coronavirus

State aid up to EUR 800 000 per company might be available to mitigate the economic damage caused by the COVID-19 epidemic, based on the so-called "Temporary Framework" issued by the European Commission on 19 March 2020, that extends the scope of state aids. State...

Three Months Deferral on Compulsory Invoice Data Supply

A three-month grace period will be given to taxpayers, to use the 2.0 version of the Online Invoice System due to the coronavirus crisis. According to the information published on the Tax Authority's website, the National Tax and Customs Administration will not...

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