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Tax

As local and international regulations become more prescriptive and enforcement gathers pace, dealing with the evolving tax landscape in a cross-border context presents you with a significant challenge. The number and complexity of tax investigations conducted by authorities is rapidly escalating and the need for tax adjustments is rising accordingly.

Our 350 tax lawyers worldwide are supported by strong technical tax intelligence teams that identify developments in tax law and policy affecting your business. This multi-disciplinary approach helps you develop robust structures that maximise tax effectiveness in alignment with your commercial strategy. Given the cross-border nature of today's tax issues, top corporates and financial institutions seek our advice in Central and Eastern Europe, given our global tax presence and our in-depth expertise in national tax laws.

A highly developed practice, offering fully dedicated team members, providing real quality and speedy advice.
Chambers Europe, 2016

Whether you are a financial institution, multinational, fund, investor or high net worth individual, we understand your business and the tax pressures you face. Our teams work together across Central and Eastern Europe and beyond in the key areas affecting your business including VAT, international taxation, transfer pricing, e-commerce, M&A and investment funds, tax planning and financing.

Our experts can help you manage tax control cases and deal with tax authorities as well as manage tax litigation cases, including challenging tax liability decisions. The right tax advice can make a material difference to transaction costs and, in some cases, avert serious consequences.

The Tax Team in Hungary consists of four specialist lawyers that are also registered as tax advisors, and are top ranked by independent legal directories. Co-Head of the department is an active member of the European VAT Club, an association of independent VAT specialists. The team advises on all areas of domestic and international tax law, social security payments and state subsidy issues as well as represents them in tax litigation matters.

10/07/2019
High­lights of our ex­per­i­ence in Tax in Hun­gary
Apollo Tyres on the con­struc­tion of a green­field man­u­fac­tur­ing plant in Hun­gary, in­clud­ing leg­al, tax and state sub­sidy ad­vice re­gard­ing the ac­quis­i­tion of the se­lec­ted prop­erty, cash in­cent­ives, and...

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22/06/2022
Hun­gary in­tro­duces ex­tra taxes on bank­ing and in­sur­ance sec­tors
On 4 June 2022, the Hun­gari­an gov­ern­ment ad­op­ted a new gov­ern­ment de­cree in­tro­du­cing sec­tor-spe­cif­ic taxes for com­pan­ies viewed by the gov­ern­ment as gen­er­at­ing "ex­tra profits" in the cur­rent ad­verse eco­nom­ic...
15/06/2022
Hun­gary in­tro­duces 65% ex­tra profit tax on re­new­able pro­jects leav­ing KÁT/METÁR...
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...
01/06/2022
CMS Next
What’s next? In a world of ever-ac­cel­er­at­ing change, stay­ing ahead of the curve and know­ing what’s next for your busi­ness or sec­tor is es­sen­tial.At CMS, we see ourselves not only as your leg­al ad­visers but also as your busi­ness part­ners. We work to­geth­er with you to not only re­solve cur­rent is­sues but to an­ti­cip­ate fu­ture chal­lenges and in­nov­ate to meet them.With our latest pub­lic­a­tion, CMS Next, our ex­perts will reg­u­larly of­fer you in­sights in­to and fresh per­spect­ives on a range of is­sues that busi­nesses have to deal with – from ESG agen­das to re­struc­tur­ing after the pan­dem­ic or fa­cing the di­git­al trans­form­a­tion. We will also share with you more about the work that we are do­ing for our cli­ents, help­ing them in­nov­ate, grow and mit­ig­ate risk.To be able to provide you with the best sup­port, we im­merse ourselves in your world to un­der­stand your leg­al needs and chal­lenges. However, it is equally im­port­ant that you know who we are and how we can work with you. So, we in­vite you to meet our ex­perts and catch a glimpse of what is hap­pen­ing in­side CMS.En­joy read­ing this pub­lic­a­tion, which we will up­date reg­u­larly with new con­tent.CMS Ex­ec­ut­ive Team
31/05/2022
Hun­gari­an court de­cisions con­firm new in­ter­pret­a­tion on date of ex­clu­sion...
The Met­ro­pol­it­an Court of Bud­apest con­firmed the new leg­al in­ter­pret­a­tion of the Pub­lic Pro­cure­ment Ar­bit­ra­tion Board that the ex­clu­sion ground from tenders is ap­plic­able to com­pan­ies par­ti­cip­at­ing in...
27/05/2022
Hun­gary in­tro­duces sec­tor spe­cif­ic taxes to com­pan­ies gen­er­at­ing "ex­tra...
On 25 and 26 May, the re­cently re-elec­ted Hun­gari­an gov­ern­ment an­nounced new sec­tor spe­cif­ic taxes for 2022 and 2023 as a re­sponse to dif­fi­culties caused by the war in Ukraine and the in­creased prices...
25/05/2022
Hun­gary makes changes to min­is­tries over­see­ing FDI con­trol mat­ters
Fol­low­ing the elec­tion and form­a­tion of a new gov­ern­ment in Hun­gary on 24 May 2022, the gov­ern­ment has ad­op­ted Gov­ern­ment De­cree No. 182/2022 (V. 24.) on the com­pet­ences and powers of the mem­bers of Gov­ern­ment...
20/05/2022
DEBRA – The new EU tax ini­ti­at­ive aim­ing at pro­mot­ing a fair and sus­tain­able...
With­in the EU a wide­spread asym­metry ex­ists between debt and equity fin­an­cing. Usu­ally, in­terest is tax de­duct­ible from the cor­por­ate in­come tax base while di­vidends do not be­ne­fit from such ad­vant­age...
29/03/2022
Ap­plic­a­tion of State aid law to tax meas­ures: 2021 re­view and 2022 out­look
By sev­er­al rul­ings is­sued in 2021, the Court of justice of the EU (CJEU) has spe­cified its case-law on the veri­fic­a­tion of two re­quire­ments for tax meas­ures to fall with­in the scope of State aid: the...
28/03/2022
Ger­many: Cross-bor­der em­ploy­ee as­sign­ments - li­ab­il­ity for wage tax?
The de­cis­ive factor for wage tax li­ab­il­ity in the in­ter­na­tion­al as­sign­ment of em­ploy­ees is not who pays the wage. For the em­ploy­ee, the ques­tion is: in which coun­try must the in­di­vidu­al pay tax on his...
09/03/2022
Up­com­ing changes in Hun­gari­an pub­lic pro­cure­ment law in­clude cut­ting num­ber...
Among vari­ous im­port­ant Hun­gari­an pub­lic pro­cure­ment law changes in the pipeline in Hun­gary, one of the most prom­in­ent is to sig­ni­fic­antly re­duce the num­ber of single-bid pub­lic pro­cure­ments. These and...
14/02/2022
Con­sequences of the Court of Justice of the European Uni­on rul­ing on the...
The Court of Justice of the European Uni­on (here­in­after, “CJEU”) has de­clared the gen­er­al rules on pen­al­ties for tax of­fences re­lated to the in­form­at­ive de­clar­a­tion of over­seas as­sets and rights ...
05/01/2022
CMS ad­vises Com­merzbank AG on sale of Hun­gari­an sub­si­di­ary
In­ter­na­tion­al law firm CMS has ad­vised Com­merzbank AG, a ma­jor Ger­man bank, on the sale of its Hun­gari­an sub­si­di­ary Com­merzbank Zrt to Er­ste Bank Hun­gary Zrt., the Hun­gari­an af­fil­i­ate of Aus­tri­an headquartered...