TAX & LEGAL ALERT

Legal alert for the week: Local Business Tax Devolve Back to Local Governments

Local Business Tax Devolve Back to Local Governments
“Certain aspects of local business tax were amended by Parliament’s adoption of Act LVII of 2010 on 21 June 2010. This new regulation places matters related to local business tax back with local governments as of 29 June 2010, which means that from that date businesses will need to pay all their tax obligations to the competent local tax authority.”

www.pwc.com/en_HU/hu/publications/assets/Tax-And-Legal-Alert-425-ENGHU.pdf

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