Some of the far-reaching financial consequences of the COVID pandemic are only now becoming apparent. Thanks to new IRS data, we finally know just how much of an impact the…
The Budapest Mayor recently announced that Budapest cannot pay additional taxes into the central budget. Critics argue that there should be enough funds for Budapest to pay these taxes. They…
Those living in Florida will get to take advantage of tax breaks, thanks to a nearly $1.3-billion tax package approved by the state government. This tax relief package will take…
Hungary has become Europe’s investment magnet in the last few years, attracting more foreign investors with its wealth of opportunities and favorable taxes. Figures for 2022 The new large-scale investment…
Earlier this year, the United Kingdom officially began enforcing a tax exemption for foreign investors buying crypto. Specifically, this exemption applies to foreign investors who buy their cryptocurrency using a…
Inflation is a hot topic around the world, with very high inflation rates for many countries. However, the National Bank of Hungary (NBH) expects inflation to decline later this year.…
Dubai, the most populous city in the United Arab Emirates, has been making liberalizing changes to its policy over the last couple of years to get more foreign residents…
Hungarian drugmaker Richter is set to hand over 28 billion forints or $74.4 million in extra taxes, thanks to a tax hike intended to balance the Hungarian government’s budget and…
As of January 1, 2023, Singapore officially increased its goods and services tax (GST). While this increase will mostly affect people in Singapore, others around the world may also notice…
The Hungarian government recently announced good news for parents. Various family support schemes have been extended, including the baby-expected loan and personal income tax exemption. Baby-Expecting Loan The baby-expecting loan…