I. Introduction On July 4, 2025, President Trump signed the One Big Beautiful Bill Act (the “Act”) into law.[1] The Act is similar to the Senate Finance Committee’s draft legislative text (the “SFC Bill”) (released on June 16, 2025), with several modifications and omissions. The Act’s key differences from the SFC Bill and the prior...| Tax Talks
On June 17, 2025, the Tax Court opinion in AbbVie Inc. and Subsidiaries v. Commissioner of Internal Revenue was issued, holding that the approximately| Tax Talks
The local business tax, or HIPA can be up to 2% of your net income and is charged based on where your Hungarian company operates. Learn how it works.| Company Formation
Standard corporate tax in Hungary remains 9% for small and mid-size companies while the 15% global minimum tax only affects big international corporations.| Company Formation
While your accountant can calculate the business taxes you need to pay, it is you who will need to pay each tax to the Tax Authority by its due date.| Helpers Finance
While corporate tax in Hungary is the lowest in the EU at 9%, there is another profit tax business owners must keep in mind: the 2% local business tax.| Helpers Finance
Setting up a Hungarian LLC is quick and easy, so you will be able to start trading in the EU and around the world in no time. Learn about the benefits.| Company Formation
In Hungary it makes more sense to talk about revenue caps for preferential tax regimes than about tax brackets. See what that means for your business.| Helpers Finance
Take a look at our guide of key updates to taxes in 2025 in Hungary. If you see something relevant to your business operation, contact your accountant.| Company Formation
This is good news for multinational companies operating in Hungary, as both their tax and administrative burdens lighten. The post Global minimum tax 2025: Hungary is a Safe Harbour appeared first on Helpers Finance.| Helpers Finance
The Hungarian Parliament has recently accepted the law governing taxes in Hungary in 2025. In our second article on changes being introduced next year, you can discover the 2025 tax changes most relevant to your Hungarian business operation. The post Tax changes relevant to your Hungarian company in 2025 appeared first on Helpers Finance.| Helpers Finance
Discover the 2025 changes most relevant to HR and payroll, how to calculate taxes, and what benefits you can offer to employees at your Hungarian company.| Helpers Finance
Fall and the new school year is on us. This is the season for new rentals and rental renewals, so we prepared a quick summary about rentals, taxes, and VAT on rentals in Hungary. Taxes depend on who is renting out the property As a rule of thumb, the taxes you pay depend on the … The post VAT and other taxes on rentals in Hungary appeared first on Helpers Finance.| Helpers Finance
Are running a business in Hungary? Then you must pay a local business tax to the municipality where your business is registered. Even if you don’t need to pay, normally you must submit a report every year. The post Local business tax: report HIPA for 2023 on the 23HIPAK form by 31 May appeared first on Helpers Finance.| Helpers Finance
The agreement remained in force until 31 December 2023, but now it is not applicable anymore. In response, Hungary has introduced some changes to tax regulations to mitigate the impact. The post US-Hungarian double taxation treaty canceled – what to watch out for? appeared first on Helpers Finance.| Helpers Finance
A new year has started, and again tax regulations are updated and clarified in Hungary. There are no major tax changes this year, but make sure to read our overview and ask your accountant if there is anything you should pay special attention to this year. The post 2024 tax changes affecting businesses in Hungary appeared first on Helpers Finance.| Helpers Finance
Starting from the middle of November 2023, wine products sold by vineyards will be exempt from representation tax in Hungary. The decision is expected to give a boost to the wine sector at the end of the year. The post Wine products no longer subject to representation tax in Hungary appeared first on Helpers Finance.| Helpers Finance
Are you new to business? Or maybe just to flat-rate taxation? Either way, you might wonder how and when you are supposed to first pay the local business tax, since it is normally calculated based on the tax of the previous year – and you might not have a previous year. The post Local business tax deadlines for new businesses appeared first on Helpers Finance.| Helpers Finance
Last week the Hungarian Tax Authority has published a notice about the effects of the cancellation of the U.S.-Hungarian double taxation treaty. This marks an end to hopes that the treaty might be reinstated or a new treaty might be introduced. The post U.S.-Hungarian double taxation treaty stays canceled appeared first on Helpers Finance.| Helpers Finance
Hungary has finally agreed to the introduction of the global minimum tax in the EU. This will make major corporations with a worldwide yearly income over EUR 750 million pay corporate tax at 15%. While the Hungarian standard corporate tax can remain 9%, the implementation of the global minimum tax will affect all the relevant … The post Global minimum tax will not affect small businesses in Hungary appeared first on Helpers Finance.| Helpers Finance
Starting from 2023, Hungarian companies are allowed to pay TAO and HIPA in foreign currencies (EUR or USD) as well as in HUF. But should you? Learn here.| Helpers Finance
How much of your Hungarian company’s revenue can you actually take for yourself? Learn about dividend and the basics of Hungarian corporate taxes from us.| Helpers Finance
Corporate tax in Hungary is 9%, the lowest in the EU. It is a profit tax, and there are various ways to decrease your tax base. Get a quick overview here.| Helpers Finance