Hungary's National Tax and Customs Administration issued a notice on 7 October 2019 regarding changes in the Tax Credit for Growth (TCG) incentive following changes introduced as part of the Economy Action Plan and 2020 Budget ({News-2019-07-26/A/4-previous coverage}). The TCG incentive allows taxpayers with pre-tax profits exceeding five times the previous year's pre-tax profits to pay tax on the excess in installments in the following two tax years instead of for the current year, with the …