The Hungarian National Assembly is considering draft bill T/1614 on amendments to certain tax laws, which was submitted by the government on 18 October 2022. Some of the main measures are summarized as follows:
- New requirements are introduced for the publication of public Country-by-Country (CbC) reports as per Directive (EU) 2021/2101, which generally apply for:
- ultimate parent entities in Hungary of MNE groups with consolidated annual revenue exceeding HUF 275 billion in each of the last…