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AmCHam Event: U.S. Election Night Party 2012, Budapest, 6 November
- 4 Nov 2012 1:00 AM
- community & culture
Democrat, Republican, or undecided, join us and over 1,000 other participants as we mark this historic event with an evening focusing on the US electoral system, the two presidential candidates, and how their policies will shape the United States in the four years to come.
Server-Based Gaming Starts In January 2013 In Hungary
- 2 Sep 2012 9:00 AM
- tech
Hungarian-owned WGS Szerver Szolgátó is the first company to be granted a license to operate servers for server-based gaming technology, which will be mandatory for casino operators from January 1. The license must be approved by the Economy Ministry, which has 60 days to approve the request.
Xpat Opinion: Mandatory Retirement Of Judges In Hungary Declared Unconstitutional
- 26 Jul 2012 9:00 AM
- current affairs
A centrist commentator emphasizes that the Hungarian Constitutional Court, by invoking Hungary’s ’historical constitution’, found a weapon against the government’s attempts „to govern through constitutional changes.” The pro-government media mostly passed over the July 16th decision, while liberal commentators pointed out that six of the seven dissenting judges were Fidesz-appointees.
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 ...
EU Rejects Hungary Responses On Judges, Data Protection
- 12 Mar 2012 7:59 AM
- current affairs
"The European Commission (EC) decided last week to continue with accelerated infringement proceedings against Hungary on the retirement age of judges and the independence of the data protection authority and to seek further information from the Hungarian government on the independence of the central bank.
Press Release: European Commission On Hungary Infringement Procedures
- 8 Mar 2012 8:03 AM
- current affairs
"On 1 January, a new Constitution and a number of cardinal laws entered into force in Hungary. The European Commission immediately conducted a full legal analysis of the final versions of the new provisions and their compatibility with European Union Treaties and decided to launch three accelerated infringement procedures. Accordingly, three letters of formal notice were sent on 17 January to the ...
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 ...
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).
AmCHam Event: U.S. Election Night Party 2012, Budapest, 6 November
- 4 Nov 2012 1:00 AM
- community & culture
Democrat, Republican, or undecided, join us and over 1,000 other participants as we mark this historic event with an evening focusing on the US electoral system, the two presidential candidates, and how their policies will shape the United States in the four years to come.
Server-Based Gaming Starts In January 2013 In Hungary
- 2 Sep 2012 9:00 AM
- tech
Hungarian-owned WGS Szerver Szolgátó is the first company to be granted a license to operate servers for server-based gaming technology, which will be mandatory for casino operators from January 1. The license must be approved by the Economy Ministry, which has 60 days to approve the request.
Xpat Opinion: Mandatory Retirement Of Judges In Hungary Declared Unconstitutional
- 26 Jul 2012 9:00 AM
- current affairs
A centrist commentator emphasizes that the Hungarian Constitutional Court, by invoking Hungary’s ’historical constitution’, found a weapon against the government’s attempts „to govern through constitutional changes.” The pro-government media mostly passed over the July 16th decision, while liberal commentators pointed out that six of the seven dissenting judges were Fidesz-appointees.
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 ...
EU Rejects Hungary Responses On Judges, Data Protection
- 12 Mar 2012 7:59 AM
- current affairs
"The European Commission (EC) decided last week to continue with accelerated infringement proceedings against Hungary on the retirement age of judges and the independence of the data protection authority and to seek further information from the Hungarian government on the independence of the central bank.
Press Release: European Commission On Hungary Infringement Procedures
- 8 Mar 2012 8:03 AM
- current affairs
"On 1 January, a new Constitution and a number of cardinal laws entered into force in Hungary. The European Commission immediately conducted a full legal analysis of the final versions of the new provisions and their compatibility with European Union Treaties and decided to launch three accelerated infringement procedures. Accordingly, three letters of formal notice were sent on 17 January to the ...
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 ...
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).