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NEWSROOM

In our newsroom, you can find a selection of recent major news and updates related to Hungarian legal developments.

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Global minimum tax: uncertainty and U.S. withdrawal

The global minimum tax initiative aims to ensure that large multinational corporations operating across multiple jurisdictions pay a corporate tax rate of at least 15%.

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GDPR Enforcement: Progress or Missed Potential?

As GDPR approaches its seventh anniversary, two recent reports shed light on its enforcement landscape. While fines have reached billions, questions remain about the effectiveness of enforcement across Europe.

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VAT exemption threshold increased in Hungary

The Hungarian Government has made a significant amendment just weeks into 2025 by increasing the VAT exemption threshold for small and medium-sized enterprises (SMEs). Despite the autumn tax package for 2025 remaining silent on this matter, the new limit has been set at HUF 18 million, up from the longstanding HUF 12 million. This increase applies retroactively from 1 January 2025. Taxpayers have until the end of February to opt in for the exemption.

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PUBLICATIONS

In our law library, you can tap into our latest thinking by accessing our legal articles and business insights.

ESG, Among Others, an 'Increasingly Important' Field for International Law Firms

Interview with Eszter Kamocsay-Berta (BBJ; 2024)

Hungary Takes a Look at AI

A Buzz Interview with Rita Parkanyi (CEE Legal Matters; 2024)

Top Legal Executives in Hungary 2023

Interview with Levente Csengery (Budapest Business Journal - special edition; 2023)

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