As of February 2021, Hungary officially became the only EU Member State that taxed international digital corporations. Hungary’s History of Taxing Digital Corporations Taxing international companies is nothing new for…
In a move that shows the potential connections between taxes and climate change, Portugal introduced a carbon tax on travel by sea and air. This is part of the country’s…
Recent reports indicate that the Budapest Council hopes to sell dozens of its real estate properties. Some of these will be harder to sell than others, as three of the…
Democrats have been talking about raising taxes on the elite for some time. Recently, lawmakers are looking to work on other problems and Covid Relief, which means pivoting to taxes.…
Budapest has been dealing with a housing crisis in recent years. As real estate prices rise, it has become nearly impossible to buy or rent in the capital. Those with…
Various sources have acknowledged that Bø i Vesterålen serves as a tax haven for the wealthy in Norway. The municipality in Nordland county has been in the headlines for about…
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…