Month: July 2022

U.S. cancels double taxation treaty with Hungary

U.S. cancels double taxation treaty with Hungary

Thursday, 28 July, 2022

On 8 July 2022, the U.S. officially notified Hungary that it was unilaterally terminating the double taxation treaty between the two countries. But what does that mean exactly, and what to expect?

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SZÉP card in Hungary in 2022

SZÉP card in Hungary in 2022

Wednesday, 20 July, 2022

SZÉP card is the most popular form of fringe benefits in Hungary. It can normally be used for recreational activities, but because of the pandemic, some alterations were introduced. Among these, users were allowed to use the SZÉP card for buying foodstuff as well – with July that has come to an end.

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KATA changes introduced in the middle of the year

KATA changes introduced in the middle of the year

Wednesday, 13 July, 2022

On 12 July 2022, just one day after its proposal, the Hungarian Parliament has accepted the new KATA law that will affect more than 430,000 taxpayers in Hungary, most of who will no longer be eligible for this tax regime starting from 1 September.

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License plate numbers Hungary 2022

New license plate number structure in Hungary from July 2022

Thursday, 7 July, 2022

As of 1 July 2022, newly issued license plates have a new structure and a new design to ensure that every vehicle can have a unique registration number in the foreseeable future and number plates are harder to forge.

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