Ideas and insights | RSM Hungary

2023.10.09VAT

VAT implications of event management - A non-resident company organises an event in Hungary

In this blog, we will look at what a foreign event organiser needs to bear in mind when the event requires personal presence and takes place in Hungary. There are a number of factors to be considered in connection with a Hungarian event of a non-resident company, from the VAT registration and tax liability to the invoicing and declaration of transactions and the recovery of the VAT content of the costs incurred.

Szilvia Süli

2023.09.26Tax

Tax consequences of the termination of the US-Hungarian tax treaty

In July 2022, the United States of America announced that it would terminate the 1979 international treaty with Hungary on the avoidance of double taxation. Although the provisions of the US-Hungarian tax treaty will still be applicable for tax purposes until 31 December 2023, the absence of the treaty will have a significant impact on the activities of private individuals and companies after 1 January 2024, measurable in tax forints, and it is worth preparing for this in good time.

Tamás Végvári

2023.09.14Tax

In-house training with social contribution and other tax incentives

As of 1 July 2023, the Hungarian Vocational Training Act further simplified the rules for training the company’s own employees, providing social contribution and tax benefits, as well as labour law and administrative relief for employers registering as dual training providers.

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VAT implications of event management - A non-resident company organises an event in Hungary

Tax consequences of the termination of the US-Hungarian tax treaty

In-house training with social contribution and other tax incentives

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