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The Government of the United States has sent a formal notification to Hungary to terminate the effective tax treaty on the avoidance of double taxation between the two countries on the 8th of July. The provisions of the Tax Convention will cease to apply from 1 January 2024.

The company now has the widest range of services in Hungary.

Parliament adopted the amendment to the KATA Act on 12 July 2022 by special procedure, which will significantly change the flat rate tax of small enterprises from September.

The Government of Hungary has submitted its 2023 Budget Bill to Parliament, the details of which are summarised by BDO experts.

BDO deplores the violation of international law and military aggression in all its forms. We stand with the Ukrainian people and we wish for peace to be restored.Since the eruption of the conflict, our absolute priority has been – and remains - the safety and wellbeing of our BDO colleagues and...

You may find useful our summary about the new and updated IFRSs during the preparation of financial statements for the financial year 2021.

We have summarized some of the recurring disclosure deficiencies – based on examples of national and international companies’ financial statements prepared in accordance with IFRSs.

Due to this merger the largest M&A consulting team in Hungary has been created with significant experience and results in the local market. It is also remarkable on an international scale as CFI Hungary became a member of Hungary's largest audit network. The change will also have a significant...