Many online businesses are smaller and don’t have the same resources as large corporations. So Daily News Hungary recently outlined the tax deductions available to online businesses. This is the…
It is common for high-net-worth Americans and expats to have foreign bank accounts. But whether you are an expat or trying to reduce your tax burden, you need to know…
In recent years, South Korea has become one of Hungary’s biggest investors. Recently, the Hungarian government has continued to support this foreign investment. The Extent of South Korean Investments in…
The term “tax haven” tends to have a negative connotation. As such, it is no surprise that Panama is fighting against its designation as one. Panama recently made headlines by…
It is no secret that there is a great deal of controversy regarding companies and individuals avoiding paying taxes. Now that 2021 is over, the State of Tax Justice report…
Hungarian residents will notice a significant reduction in their 2022 taxes. Estimates indicate that the total tax cut will amount to 1,500 billion forints. This is the equivalent of 4…
The Gibraltar Stock Exchange or GSX is a rocky little olive grove nestled off the Mediterranean coast. Once known as a tax haven, Gibraltar gets a fresh start as a…
The Hungarian legislation can be applied from January 2022. The aim of the provision is to grant a so-called Hungarian “White Card” for professionals working in the IT sector and…
A deal was signed by 136 countries to ensure a minimum of a 15% tax rate is paid by companies. These countries account for more than 90% of the economy…
There has been a pledge by the United Opposition representatives to create a fairer personal income tax system in hopes of improving systematic corruption. This promise hinges on whether they…