The past few months have seen a debate about whether Budapest should halve its local business tax. There were officials on both sides of the debate, and in late December,…
Over the years, Facebook has been just one company of many tech giants that has faced backlash for using international tax havens. One of the most notable of these was…
An ongoing tax investigation shows that Fidesz politicians are not beyond the scope of the law. It also shows that they use the same tax loopholes and tax planning strategies…
There are conflicting views on tax havens. Many individuals and companies or entities see tax havens as a smart investment. Recently, oil majors have joined that group. They have shifted…
The coronavirus has taken its toll on the world in multiple ways, including negatively affecting the real estate market. In Budapest, the price growth of real estate has slowed down,…
Switzerland is doing its best to overcome its reputation for being closely associated with tax havens. The latest step in its efforts is to eliminate a bribery loophole. The Changes…
A recent report from the Australian Financial Review indicates that the Perth Mint has connections to tax havens, thanks to its decision to hold around $100 million worth of gold…
It is no secret that high-net-worth individuals commonly use tax havens to reduce their income or corporate tax rates, frequently going as far as owning offshore real estate. A recent…
Those involved in the real estate market in Hungary have noticed a significant drop in foreign investments. Experts connect this reduction in investments to the coronavirus pandemic. Relevant Statistics Data…
It has officially been 10 years since Hungary first introduced the tax exemption for household distillers of palinka. In honor of the anniversary, we will take a look at…