The deadlines for the global minimum tax are approaching
The deadlines for the global minimum tax are approaching
The global minimum tax regulations apply for the first time in Hungary to business years beginning in 2024. Following several earlier obligations, there are tasks to be completed in 2026 in relation to the global minimum tax. The two most important upcoming obligations are the following:
Domestic taxpayers (groups) subject to the global minimum tax in Hungary have a registration (reporting) obligation to the National Tax and Customs Authority. The deadline for fulfilling this reporting obligation was initially the last day of the 12th month from the start of the 2024 tax year (December 31, 2024, for calendar year taxpayers).
The notification can be completed using the so-called GLOBE form, which is available on the ONYA platform.
It is important to note that the reporting obligation is not a one-time task, as members of multinational corporate groups/large domestic corporate groups must repeat the reporting obligation each year. Therefore, the report must be submitted for each tax year, referring to the barcode of the report submitted in the previous tax year.
Under the global minimum tax rules, calendar year taxpayers must submit their next reporting for the 2025 tax year by February 28, 2026.
If a taxpayer concerned has not acted as expected in the given situation and has failed to comply with its reporting obligation, the tax authority may impose a default penalty of up to HUF 5 million.
It is advisable to start collecting the relevant data in good time, especially for those groups with multiple domestic group members, in order to meet the above deadline.
BDO is available to assist with GLOBE-specific questions and with fulfilling the above reporting obligations.
or the 2024 tax year, calendar year taxpayers were required to submit their domestic top-up tax advance return by November 20, 2025, and pay the top-up tax advance by the same date.
Global minimum tax returns for the 2024 tax year must be submitted for the first time in 2026. Returns can be submitted on the ONYA platform.
For taxpayers whose fiscal year coincides with the calendar year, the deadline for filing the actual returns (and paying the top-up tax) is June 30, 2026. The actual tax liability may, of course, depend on how taxpayers have determined their top-up tax payment obligation (i.e., whether they have declared tax payable, whether this corresponds to their actual top-up tax liability, or whether they meet any of the exemption criteria).
- Submission of registration form (GLOBE form)
- Submission of first global minimum tax return
Registration (GLOBE form)
Domestic taxpayers (groups) subject to the global minimum tax in Hungary have a registration (reporting) obligation to the National Tax and Customs Authority. The deadline for fulfilling this reporting obligation was initially the last day of the 12th month from the start of the 2024 tax year (December 31, 2024, for calendar year taxpayers).The notification can be completed using the so-called GLOBE form, which is available on the ONYA platform.
It is important to note that the reporting obligation is not a one-time task, as members of multinational corporate groups/large domestic corporate groups must repeat the reporting obligation each year. Therefore, the report must be submitted for each tax year, referring to the barcode of the report submitted in the previous tax year.
Under the global minimum tax rules, calendar year taxpayers must submit their next reporting for the 2025 tax year by February 28, 2026.
If a taxpayer concerned has not acted as expected in the given situation and has failed to comply with its reporting obligation, the tax authority may impose a default penalty of up to HUF 5 million.
It is advisable to start collecting the relevant data in good time, especially for those groups with multiple domestic group members, in order to meet the above deadline.
BDO is available to assist with GLOBE-specific questions and with fulfilling the above reporting obligations.
Global minimum tax return
or the 2024 tax year, calendar year taxpayers were required to submit their domestic top-up tax advance return by November 20, 2025, and pay the top-up tax advance by the same date.Global minimum tax returns for the 2024 tax year must be submitted for the first time in 2026. Returns can be submitted on the ONYA platform.
For taxpayers whose fiscal year coincides with the calendar year, the deadline for filing the actual returns (and paying the top-up tax) is June 30, 2026. The actual tax liability may, of course, depend on how taxpayers have determined their top-up tax payment obligation (i.e., whether they have declared tax payable, whether this corresponds to their actual top-up tax liability, or whether they meet any of the exemption criteria).
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