A legislative amendment adopted in 2010 has introduced significant changes to the duty rates for lease agreements. Please find below a summary of the current duty rates payable by the lessor and the lessee, and the relevant exemptions, deadlines and obligations. PriceWaterhouseCoopers' latest Tax and Legal Alert deals with the subject.
More...

The Hungarian Parliament will soon be dealing with draft of an Act that would change certain rules of the Hungarian Labour Code from 01 June 2011. Read more details in PriceWaterhouseCoopers' latest Tax and Legal Alert.
More...

The Financial Times FDI Global Outlook Report published recently, forecasts a slight recovery in global FDI trends.
More...

Since 1 January 2011 the rules regarding foundations’ obligation to pay duties have changed. Read PWC's brief about the changes.
More...

An increasing number of companies, especially in the financial sector, carry out their activities in Hungary through a Hungarian branch or are considering continuing their operation as a branch. Read more in the latest issue of PWC's Tax and Legal Alert. You can also register for a conference dealing with this subject.
More...

A series of measures to relieve the pressure on Hungary's gov't finances will be included in Hungary's updated convergence programme submitted to the EU, announced National Economy minister, György Matolcsy on Wednesday.
More...

German carmaker Opel on Tuesday laid the cornerstone of a €500 million engine plant at its base in Szentgotthárd (W Hungary).
More...

US-based National Instruments (NI) has established a centre on the outskirts of Budapest to provide systems engineering services to business partners all over Europe.
More...

In its latest Tax & Legal Alert, PriceWaterhouseCoopers focuses on rules on withholding tax applicable to year-end corporate income tax returns.
More...

The Central Statistical Office (www.ksh.hu) published its latest report on government finances on 31 March.
More...