Tax Newsletter 2015/5 - CIT saving options

This summary is to review the new tax saving opportunity provided by the Hungarian Act on Corporate Income Tax concerning the support of the film industry, performing arts organizations and team sports as of 2015.

We believe that the introduction of this new rule is a good opportunity for tax savings for those companies who are interested in corporate social responsibility and have a positive corporate income tax obligation. Please find our brief summary below about the implementation of the new system. 

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Tax Newsletter 2015/5