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New Hungarian Tax Rules in the Focus of Investors
New Hungarian Tax Rules in the Focus of Investors
Oct 8, 2012
In the summer of 2010, the Hungarian Government decided to establish one of the most favorable corporate tax systems within the European Union. To this end, the former 19% corporate tax rate has been reduced to 10%. Limitation...
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New Labor Code in Hungary
New Labor Code in Hungary
Jul 3, 2012
As part of the government efforts to launch economic growth, raise employment rates and reduce administration, the government introduced a bill relating to the Labor Code to the Parliament on 3 June 2011. The amendments...
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New Public Procurement Rules in Hungary
New Public Procurement Rules in Hungary
Jun 9, 2012
On 21 July 2011, the Parliament approved the new Act on Public Procurement that will completely replace the current regulation. The new Act will enter into force on 1 January 2012. The Act CVIII of 2011 on Public Procurement...
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New Tax Rules Hungary 2012
New Tax Rules Hungary 2012
May 9, 2012
On 21 November 2011, the Parliament adopted the tax changes entering into force in 2012. The Government’s mid-term intention behind the new tax rules is the simplification of the Hungarian taxation system. A number...
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