The country by Country Report related deadlines are approaching

Taxpayers with a calendar business year should submit the notification form related to the Country-by-Country Reporting (“CbCR”) by December 31, 2019 in respect of FY2019. The notification obligation affects all companies that are part of a corporate group with a consolidated total revenue of at least 750 million euros, regardless of the volume of the Hungarian operations. To fulfill the notification obligation, form 19T201T should be completed. 

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