HUNGARY CONCLUDED NEW DOUBLE TAX TREATIES
With effect from January 1, 2013 Hungary concluded three new double tax treaties between Denmark, Qatar and Georgia. With this, Hungary is having effective double tax treaties with 74 states now.
With effect from January 1, 2013 Hungary concluded three new double tax treaties between Denmark, Qatar and Georgia. With this, Hungary is having effective double tax treaties with 74 states now.
In December 2012, the Luxembourg Parliament approved the 2013 Budget and Tax Package which includes several tax changes connected to companies and individuals.
As of the 28th of December 2012, Hungary has implemented a new investment program for obtaining permanent residence permit, which may serve as an exquisite entry for non-European investors to the European Union.
The OECD issued its global survey of 2012 about the jurisdictions which have already implemented the internationally agreed tax standard.
The World Bank and the International Finance Corporation issued its usual annual report about the global situation of doing business in different countries
Cyprus reduces the administrative costs of businesses in Cyprus.
The aim of the new legislation was to make flexible the elaborate corporate law.