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  <title>PORTFOLIO.HU - Online Financial Journal</title>
  <description>PORTFOLIO.HU - Online Financial Journal - 20 latest news (Tax)</description>
  <link>http://www.portfolio.hu/</link>
  <language>hu-HU</language>
  <lastBuildDate>Sat, 04 Feb 2012 11:06:16 +0100</lastBuildDate>
  <item>
   <title><![CDATA[E.ON chief to visit Budapest to discuss "crisis taxes"]]></title>
   <link>http://www.portfolio.hu/en/economy/eon_chief_to_visit_budapest_to_discuss_crisis_taxes.21599.html#rss</link>
   <description><![CDATA[Johannes Teyssen, chief executive of German utility giant E.ON, is to pay a visit to Budapest to discuss with local authorities the &amp;#8220;crisis tax" imposed on energy companies. Teysenn heralded...]]></description>
   <pubDate>Thu, 20 Jan 2011 11:04:00 +0100</pubDate>
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  <item>
   <title><![CDATA[PwC Alert - Changes to Hungary&amp;#8217;s personal income tax system (Part II)]]></title>
   <link>http://www.portfolio.hu/en/economy/pwc_alert_changes_to_hungary__8217_s_personal_income_tax_system_part_ii.21135.html#rss</link>
   <description><![CDATA[There will be significant changes to the taxation of personal income in Hungary, mainly due to the introduction of the 16% flat tax rate. In its latest Tax &amp; Legal Alert, PricewaterhouseCoopers, in...]]></description>
   <pubDate>Wed, 27 Oct 2010 15:56:00 +0200</pubDate>
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  <item>
   <title><![CDATA[PwC Alert - Changes to Hungary&amp;#8217;s personal income tax system (Part I)]]></title>
   <link>http://www.portfolio.hu/en/economy/pwc_alert_changes_to_hungary__8217_s_personal_income_tax_system_part_i.21119.html#rss</link>
   <description><![CDATA[There will be significant changes to the taxation of personal income in Hungary, mainly due to the introduction of the 16% flat tax rate. In its latest Tax &amp; Legal Alert, PricewaterhouseCoopers, in...]]></description>
   <pubDate>Tue, 26 Oct 2010 08:54:00 +0200</pubDate>
  </item>
  <item>
   <title><![CDATA[PwC Alert - Deferred tax implications of recent changes in Hungarian Tax Law]]></title>
   <link>http://www.portfolio.hu/en/economy/pwc_alert_deferred_tax_implications_of_recent_changes_in_hungarian_tax_law.21073.html#rss</link>
   <description><![CDATA[On 22 July 2010 a number of provisions of the Corporate Tax Act has been amended by the Hungarian Parliament, with the effect from 1 July 2010 retrospectively which legislative changes may affect the...]]></description>
   <pubDate>Tue, 19 Oct 2010 15:06:00 +0200</pubDate>
  </item>
  <item>
   <title><![CDATA[PwC Alert - R&amp;D or no R&amp;D - that is the question in Hungary]]></title>
   <link>http://www.portfolio.hu/en/economy/pwc_alert_r_d_or_no_r_d_that_is_the_question_in_hungary.20970.html#rss</link>
   <description><![CDATA[Since 1 January 2010, Act LXXXI of 1996 on Corporate Tax and Dividend Tax has included the provision that the Frascati Manual should be used to determine whether certain activities qualify as R&amp;D...]]></description>
   <pubDate>Mon, 04 Oct 2010 14:39:00 +0200</pubDate>
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  <item>
   <title><![CDATA[Super gross tax base may be applied to flat PIT in Hungary - Ernst &amp; Young ]]></title>
   <link>http://www.portfolio.hu/en/economy/super_gross_tax_base_may_be_applied_to_flat_pit_in_hungary_ernst___young.20956.html#rss</link>
   <description><![CDATA[Hungary may be able to adopt a flat rate 16% personal income tax on 1 January 2011, but the budget is in no state that it would simultaneously tolerate the elimination of tax credits and...]]></description>
   <pubDate>Thu, 30 Sep 2010 16:28:00 +0200</pubDate>
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   <title><![CDATA[PwC Alert - VAT refunds to foreign tax payers in Hungary]]></title>
   <link>http://www.portfolio.hu/en/economy/pwc_alert_vat_refunds_to_foreign_tax_payers_in_hungary.20940.html#rss</link>
   <description><![CDATA[There have been significant changes introduced since 1 January 2010 to the VAT reclaiming and refunding procedure available to foreign taxpayers in Hungary. In its latest Tax &amp; Legal Alert,...]]></description>
   <pubDate>Wed, 29 Sep 2010 08:46:00 +0200</pubDate>
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  <item>
   <title><![CDATA[Hungary EcoMin sticks to flat 16% PIT being implemented in 2011]]></title>
   <link>http://www.portfolio.hu/en/economy/hungary_ecomin_sticks_to_flat_16_pit_being_implemented_in_2011.20926.html#rss</link>
   <description><![CDATA[Hungary&amp;#8217;s Economy Minister has refuted media reports about a delay in the tax reforms pledged by Premier Viktor Orbán&amp;#8217;s cabinet. György Matolcsy reiterated that a flat personal income tax...]]></description>
   <pubDate>Mon, 27 Sep 2010 08:59:00 +0200</pubDate>
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   <title><![CDATA[PwC Alert - Key changes of Hungary's tax legislation for companies]]></title>
   <link>http://www.portfolio.hu/en/economy/pwc_alert_key_changes_of_hungarys_tax_legislation_for_companies.20668.html#rss</link>
   <description><![CDATA[On 22 July 2010, the Hungarian Parliament adopted the most recent legislation package amending certain financial laws. In its latest Tax &amp; Legal Alert, PricewaterhouseCoopers has summarized the most...]]></description>
   <pubDate>Thu, 12 Aug 2010 07:00:00 +0200</pubDate>
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   <title><![CDATA[PwC Alert - Hungary levies special tax on financial organisations]]></title>
   <link>http://www.portfolio.hu/en/economy/pwc_alert_hungary_levies_special_tax_on_financial_organisations.20666.html#rss</link>
   <description><![CDATA[On 22 July 2010, the Hungarian Parliament passed the Bill on the special tax (or &amp;#8220;bank tax", as it is generally known), which will be payable by a wide range of financial organizations....]]></description>
   <pubDate>Wed, 11 Aug 2010 15:03:00 +0200</pubDate>
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  <item>
   <title><![CDATA[Hungary mulls special levy on energy, telecom sectors - paper]]></title>
   <link>http://www.portfolio.hu/en/economy/hungary_mulls_special_levy_on_energy_telecom_sectors_paper.20556.html#rss</link>
   <description><![CDATA[Seeking new sources to curb the budget deficit to the required level (below 3.0% of GDP) in 2011, Hungary&amp;#8217;s government plans to abolish tax reliefs and mulls implementing a special tax on the...]]></description>
   <pubDate>Thu, 22 Jul 2010 09:20:00 +0200</pubDate>
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   <title><![CDATA[PwC Alert - Local business tax matters devolve back to local governments in Hungary]]></title>
   <link>http://www.portfolio.hu/en/economy/pwc_alert_local_business_tax_matters_devolve_back_to_local_governments_in_hungary.20507.html#rss</link>
   <description><![CDATA[Certain aspects of local business tax were amended by the Hungarian Parliament&amp;#8217;s adoption of Act LVII of 2010 on 21 June 2010. This new regulation places matters related to local business tax...]]></description>
   <pubDate>Wed, 14 Jul 2010 15:14:00 +0200</pubDate>
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   <title><![CDATA[Hungary savings cooperates to shoulder part of special bank tax]]></title>
   <link>http://www.portfolio.hu/en/economy/hungary_savings_cooperates_to_shoulder_part_of_special_bank_tax.20389.html#rss</link>
   <description><![CDATA[While previous reports had it that Hungary&amp;#8217;s savings cooperatives would be exempt from the new &amp;#8220;bank tax", the National Association of Savings Cooperatives (OTSZ) rebuffed this...]]></description>
   <pubDate>Thu, 24 Jun 2010 16:41:00 +0200</pubDate>
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   <title><![CDATA[PwC Alert - Public donations will be tax exempt in Hungary]]></title>
   <link>http://www.portfolio.hu/en/economy/pwc_alert_public_donations_will_be_tax_exempt_in_hungary.20377.html#rss</link>
   <description><![CDATA[In its latest issue of its Tax &amp; Legal Alert PricewaterhouseCoopers has addressed Hungary&amp;#8217;s new VAT Act regulations on public donations as follows.  Under the new regulations, public donations...]]></description>
   <pubDate>Wed, 23 Jun 2010 14:12:00 +0200</pubDate>
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  <item>
   <title><![CDATA[PwC Alert - Hungary&amp;#8217;s new Civil Code sidelined for the time being]]></title>
   <link>http://www.portfolio.hu/en/economy/pwc_alert_hungary__8217_s_new_civil_code_sidelined_for_the_time_being.20129.html#rss</link>
   <description><![CDATA[Hungary&amp;#8217;s new Civil Code provisions scheduled to take effect on 1 May 2010 will not enter into force, PricewaterhouseCoopers said in its latest Tax &amp; Legal Alert. See more details below.    In...]]></description>
   <pubDate>Tue, 18 May 2010 05:00:00 +0200</pubDate>
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  <item>
   <title><![CDATA[Hungary, Portugal taken to court by EU in VAT cases]]></title>
   <link>http://www.portfolio.hu/en/economy/hungary_portugal_taken_to_court_by_eu_in_vat_cases.19722.html#rss</link>
   <description><![CDATA[The European Commission has decided to refer a case concerning the VAT flat rate scheme for farmers in Portugal, and another case regarding the refund of VAT credits in Hungary, to the Court of...]]></description>
   <pubDate>Thu, 18 Mar 2010 12:26:00 +0100</pubDate>
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  <item>
   <title><![CDATA[PwC Alert - Hungary amends law affecting corporate income tax]]></title>
   <link>http://www.portfolio.hu/en/economy/pwc_alert_hungary_amends_law_affecting_corporate_income_tax.19684.html#rss</link>
   <description><![CDATA[On 26 February 2010, the Hungarian Parliament adopted Act XII of 2010 amending certain financial laws related to the new Civil Code. In its latest Tax &amp; Legal Alert, PricewaterhouseCoopers has...]]></description>
   <pubDate>Fri, 12 Mar 2010 09:51:00 +0100</pubDate>
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  <item>
   <title><![CDATA[PwC Alert - Hungary Tax Authority announces main audit areas for 2010]]></title>
   <link>http://www.portfolio.hu/en/economy/pwc_alert_hungary_tax_authority_announces_main_audit_areas_for_2010.19586.html#rss</link>
   <description><![CDATA[In the latest issue of its Tax &amp; Legal Alert, PricewaterhouseCoopers addressed the main areas in which Hungary&amp;#8217;s state Tax Authority (APEH) is planning to carry out tax audits in 2010.  The...]]></description>
   <pubDate>Fri, 26 Feb 2010 09:36:00 +0100</pubDate>
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  <item>
   <title><![CDATA[PwC Alert - Hungary amends Labour Code]]></title>
   <link>http://www.portfolio.hu/en/economy/pwc_alert_hungary_amends_labour_code.19515.html#rss</link>
   <description><![CDATA[On 1 February 2010, certain amendments to the Labour Code came into force, while other amendments will take effect from 1 May 2010. In its latest Tax &amp; Legal Alert, PricewaterhouseCoopers has...]]></description>
   <pubDate>Tue, 16 Feb 2010 09:06:00 +0100</pubDate>
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   <title><![CDATA[PwC Alert - US and Hungary sign new income tax convention]]></title>
   <link>http://www.portfolio.hu/en/economy/pwc_alert_us_and_hungary_sign_new_income_tax_convention.19505.html#rss</link>
   <description><![CDATA[The United States of America and Hungary signed a new convention on 4 February 2010 on the avoidance of double taxation with respect to income tax. After a series of negotiations lasting several...]]></description>
   <pubDate>Mon, 15 Feb 2010 08:44:00 +0100</pubDate>
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