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Hungary introduces 65% extra profit tax on renewable projects leaving KÁT/METÁR support systems

15/06/2022

On 4 June 2022, the Hungarian government adopted a new government decree introducing sector-specific taxes to companies viewed by the government as generating "extra profits" in the current adverse economic situation. Amongst other sectors, the extra profit tax...

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Authors

Portrait ofEszter Kálmán
Eszter Kálmán
Senior Counsel and Head of Tax
Budapest
Portrait ofZsófia Hermann
Zsófia Hermann
Senior Counsel
Budapest
Portrait ofPéter Deák
Péter Deák
Senior Associate
Budapest