Let’s collect all the information: what will change in taxation from 2021?

As we are well accustomed by now, the Hungarian Parliament amended taxation laws on several occasions in 2019 and again in 2020. The situation is further complicated by the fact that this year, due to the coronavirus pandemic, legislative work in the field of taxation was particularly intensive.

Those who wanted to stay up to date in all important tax-related issue had a difficult time to navigate this “sea” of new laws and regulations. Some of the rules already entered into effect earlier, but several new provisions will be applicable from 2021 only. In the present issue of our newsletter, we have collected the changes that will enter into force from next year.

To read the whole article below.

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Tax Newsletter 2020/34.