Changes in transfer pricing rules from next year
In the case of associated companies, the Ministry for National Economy plans to introduce a more complex and complicated registry form instead of the present one. This change will affect not only large companies, but also small and medium-sized businesses, putting great administrative burden on them. The ministry wants the new regulation to enter into force when registering the tax liabilities in the 2018 tax year. Orsolya Békési, the director of Crowe FST’s transfer pricing counselling service told: the old registry form will be replaced with a main document and a local one. It is important that if two parties enter into a verbal agreement, its detailed contents must be put down in writing. //
Related news
Sándor Czomba: expanding employment contributes to increasing competitiveness
The goal of the six-month Hungarian presidency of the Council…
Read more >NGM deputy state secretary: the launch of the Budapest-Brassó flight is an important step for both cities
The launch of the Budapest-Brassó flight is an important step…
Read more >NGM: tourist interest in Hungary has increased spectacularly
The visitor traffic of the Pentecost long weekend also made…
Read more >Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Auchan has appointed a new product director
From July 1, László Varga will perform the duties of…
Read more >