EY: It turns out what tax managers are afraid of

By: Trademagazin Date: 2023. 11. 17. 11:45

Domestic companies are most worried about inflation, while transfer pricing, corporate tax and the global minimum tax are considered to be the most risky tax areas, according to a survey of more than 240 participants of the EY Tax Conference.

The proposal to amend next year’s tax laws has already been submitted to the Parliament, which could bring, among other things, new research and development support, stricter but more intensive energy efficiency and development tax benefits. In addition, pre-prepared and recommended VAT return drafts may arrive, and the companies concerned must also prepare for the introduction of a new type of tax, the global minimum tax.

“The new tax year brings significant changes, which means more opportunities for domestic companies. At the same time, in the case of grants that are opened based on proposals, a successful application will require conscious preparation, as the assessment criteria are also substantially stricter.

– pointed out Tamás Vékási, head of EY’s tax and legal consulting business at the company’s conference.