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Wednesday, 13 July 2016 14:02

Mutual Agreement Procedure

Although Hungary has quite wide and modern Double Taxation Treaty [DTT] network, there may be cases when the tax burden of a transaction is disadvantageous for the taxpayers. In the case of cross-border transactions involving more countries, double taxation, double-residence,…
Monday, 04 July 2016 11:23

We became an AGN International Member

Dear Clients, We are pleased to announce that in June 2016 we received the opportunity to join to the AGN International, thereby in the future we will be able to broaden our clientele, to improve the palette of our consulting…
Tuesday, 31 May 2016 00:00

News: EU Anti-Tax Avoidance Directive and EU CbC Directive

Political agreement on EU Anti-Tax Avoidance Directive postponed to June; EU CbC Directive adopted; EU-blacklist of non-EU tax havens announced On 25 May 2016, the EU Council was called on to reach a political agreement on the EU Anti-Tax Avoidance…
Friday, 04 March 2016 09:54

The EU's anti tax-avoidance directive proposal

      The EU’s anti-tax avoidance directive proposal is available. The proposed directive is entitled “directive about laying down rules against tax avoidance practices that directly affect the functioning of the internal market”, and in case of the Council’s…
Tuesday, 23 February 2016 14:23

The banking- and tax secrets might be safe in less and less countries

We wrote about the automatic data exchange system in the European Union in our previous article. Now we examine in detail the measures on the global scale. Based on the direction of the improvement of the most recent regulation on…
Tuesday, 26 January 2016 14:32

What to pay attention to if you have a bank account in a foreign country - The data supply regarding account owners in an other country began

  On the 1st of January 2016 a new phase began in the execution of the so-called automatic data exchange directive (Council Directive 2011/16/EU on administrative cooperation in the field of taxation and repealing Directive 77/799/EEC (hereinafter: Directive)).   This…
 

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