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Taxation in Hungary is complex, stay informed.

· Taxation

As of 1st of January, 2020

Group taxing

The most significant change in content that group members will not have to keep their records in the same currency, i.e. in the future, there will be no obstacle to the creation of the group in case one taxpayer conducts its books, e.g. in EUR, while the other in HUF.

TAX rate change

The tax rate of commercial accommodation services is reduced from 18 % to 5 %.

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