Hungary: Tax Package Passed

The Hungarian Parliament passed the new government’s first tax package on 22 July 2010. The most important change is the lowering of the corporate tax rate to 10% for the part of the tax base that does not exceed HUF 500 million (approximately EUR 1.8 million).

The Hungarian Parliament passed the new government’s first tax package on 22 July 2010. The most important change is the lowering of the corporate tax rate to 10% for the part of the tax base that does not exceed HUF 500 million (approximately EUR 1.8 million).

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