199 result(s) for legal changes
Xpat Opinion: Latest Verdict On Freedom Of Press In Hungary
- 4 May 2012 9:00 AM
- current affairs
On May 1 MTI reported the less than welcome news that Freedom House's 2012 report on the freedom of the press degraded Hungary to the "partially free" category. Hungary received 36 negative points (legal environment 12; political environment 13; economic environment 11).
Colling Accounting: Personal Income Tax Changes In 2012
- 2 May 2012 6:56 AM
- specials
"Tax base top-up According to the new rules in the case of incomes below the annual gross income limit of HUF 2,424,000 the annual tax rate will remain 16%, i.e. the tax base top-up (27%) is not to be considered for the purpose of tax base. In the case of incomes above that (gross HUF 202,000 / month) the 16% personal income tax advance for the part above the limit shall be calculated for a ...
Amendments To The Act On The Courts Submitted To Hungarian Parliament
- 20 Mar 2012 8:00 AM
- current affairs
"Taking account of the comments made by the Venice Commission, the Ministry of Public Administration and Justice has prepared its proposed amendments to the Act on the Courts. Tibor Navracsics, Minister of Public Administration and Justice, submitted the proposals to Parliament on 15 March.
Complete Announcement Of EC Proceedings Against Hungary
- 19 Jan 2012 11:35 AM
- current affairs
"The European Commission has today (17 Jan. 2012) started legal action against Hungary over new legislation that came into force at the beginning of the year under Hungary's new constitution. For the Commission, the Hungarian legislation conflicts with EU law by putting into question the independence of the country's central bank and data protection authorities and by the measures affecting its ...
EU Threatens To Take Action Over Disputed Legislation In Hungary
- 16 Jan 2012 8:05 AM
- current affairs
"The European Commission invoked the threat of infringement proceedings against Hungary if it finds that new laws passed in Budapest are not compatible with EU law. A statement from the Commission specified concerns pertaining to central bank independence, the independence of the data protection ombudsman and the mandatory early retirement of judges and prosecutors.
Colling Accounting: Review Of The Changes In The Corporation Tax In Respect Of 2012
- 11 Jan 2012 5:00 AM
- specials
Limitation of the use of accrued loss - One of the most important changes, impacting a wide range of taxpayers, is that the accrued loss carried forward from previous tax years can be recognised as an item reducing the profit before tax up to 50% of the tax base (calculated without the accrued loss).
MP Demands Orbán Take A Stand On Hungary’s EU Membership
- 10 Jan 2012 2:20 AM
- current affairs
"Socialist executive committee member Tibor Szanyi yesterday called on Prime Minister Viktor Orbán to declare whether he would like Hungary to remain a member of the EU. Speaking at a press conference, Szanyi cited opinions that Hungary as it is now would not be admitted to the EU because of changes made in the past 18 months.
Key Changes Of Hungary's Tax Legislation For Companies
- 12 Aug 2010 2:00 AM
- business
"On 22 July 2010, the Hungarian Parliament adopted the most recent legislation package amending certain financial laws. In its latest Tax & Legal Alert, PricewaterhouseCoopers has summarized the most important amendments of the package concerning companies as follows.
ECB Tells Hungarian Gov't To Keep Hands Off Central Bank Salaries
- 13 Jul 2010 1:00 AM
- current affairs
"The European Central Bank (ECB) does not give its consent to a plan by the Hungarian government to cap the monthly salary of the Hungarian central bank’s (NBH) management at two million forints, an ECB opinion published on the bank’s website shows.
Xpat Opinion: Latest Verdict On Freedom Of Press In Hungary
- 4 May 2012 9:00 AM
- current affairs
On May 1 MTI reported the less than welcome news that Freedom House's 2012 report on the freedom of the press degraded Hungary to the "partially free" category. Hungary received 36 negative points (legal environment 12; political environment 13; economic environment 11).
Colling Accounting: Personal Income Tax Changes In 2012
- 2 May 2012 6:56 AM
- specials
"Tax base top-up According to the new rules in the case of incomes below the annual gross income limit of HUF 2,424,000 the annual tax rate will remain 16%, i.e. the tax base top-up (27%) is not to be considered for the purpose of tax base. In the case of incomes above that (gross HUF 202,000 / month) the 16% personal income tax advance for the part above the limit shall be calculated for a ...
Amendments To The Act On The Courts Submitted To Hungarian Parliament
- 20 Mar 2012 8:00 AM
- current affairs
"Taking account of the comments made by the Venice Commission, the Ministry of Public Administration and Justice has prepared its proposed amendments to the Act on the Courts. Tibor Navracsics, Minister of Public Administration and Justice, submitted the proposals to Parliament on 15 March.
Complete Announcement Of EC Proceedings Against Hungary
- 19 Jan 2012 11:35 AM
- current affairs
"The European Commission has today (17 Jan. 2012) started legal action against Hungary over new legislation that came into force at the beginning of the year under Hungary's new constitution. For the Commission, the Hungarian legislation conflicts with EU law by putting into question the independence of the country's central bank and data protection authorities and by the measures affecting its ...
EU Threatens To Take Action Over Disputed Legislation In Hungary
- 16 Jan 2012 8:05 AM
- current affairs
"The European Commission invoked the threat of infringement proceedings against Hungary if it finds that new laws passed in Budapest are not compatible with EU law. A statement from the Commission specified concerns pertaining to central bank independence, the independence of the data protection ombudsman and the mandatory early retirement of judges and prosecutors.
Colling Accounting: Review Of The Changes In The Corporation Tax In Respect Of 2012
- 11 Jan 2012 5:00 AM
- specials
Limitation of the use of accrued loss - One of the most important changes, impacting a wide range of taxpayers, is that the accrued loss carried forward from previous tax years can be recognised as an item reducing the profit before tax up to 50% of the tax base (calculated without the accrued loss).
MP Demands Orbán Take A Stand On Hungary’s EU Membership
- 10 Jan 2012 2:20 AM
- current affairs
"Socialist executive committee member Tibor Szanyi yesterday called on Prime Minister Viktor Orbán to declare whether he would like Hungary to remain a member of the EU. Speaking at a press conference, Szanyi cited opinions that Hungary as it is now would not be admitted to the EU because of changes made in the past 18 months.
Key Changes Of Hungary's Tax Legislation For Companies
- 12 Aug 2010 2:00 AM
- business
"On 22 July 2010, the Hungarian Parliament adopted the most recent legislation package amending certain financial laws. In its latest Tax & Legal Alert, PricewaterhouseCoopers has summarized the most important amendments of the package concerning companies as follows.
ECB Tells Hungarian Gov't To Keep Hands Off Central Bank Salaries
- 13 Jul 2010 1:00 AM
- current affairs
"The European Central Bank (ECB) does not give its consent to a plan by the Hungarian government to cap the monthly salary of the Hungarian central bank’s (NBH) management at two million forints, an ECB opinion published on the bank’s website shows.