How can multinational companies comply with Hungarian accounting rules? - Mazars Tax Newsletter 2018/17

The Hungarian subsidiaries and branch offices of multinational groups may find themselves in a difficult situation, as the auditors of the National Tax and Customs Administration (NAV) may find their practice of fundamentally using the systems of their parent companies, instead of accurately following the general ledger accounting prescribed by the Hungarian accountancy rules, as objectionable.

Want to know more?