EY: the Government expects almost HUF 100 billion in additional budget revenue from the global minimum tax
The government submitted the proposal to amend the tax laws to the Parliament. A new research and development grant may come, the rules for energy efficiency and development tax relief will be tightened, but their intensity will increase; the suspension of advertising tax remains in effect. Another good news is that pre-prepared and recommended VAT return drafts can also be received. In addition to the changes, the companies involved must also prepare for the introduction of a new type of tax, the global minimum tax. EY experts have compiled the most important changes.
![](https://trademagazin.cdn.webgarden.io/wp-content/uploads/2023/08/money-7325644_640.jpg)
Nagy többlet várható
“It is clear that the next tax year will bring significant changes. New discounts and increased support frames will be available, but in many cases under much stricter conditions. It is in the fundamental interest of domestic company and financial managers to learn about the changes. In addition to legal compliance, competitiveness can be significantly affected if a company is able to take advantage of new opportunities”
– said Tamás Vékási, head of EY’s tax and legal consulting business.
Related news
EY: CEOs around the world are optimistic – growth can start
Compared to last year, managers are more optimistic about growth…
Read more >The summer extra tax changes have been published
In the 74th issue of the Magyar Közlöny published on…
Read more >EY: More and more domestic companies are using artificial intelligence, the gap between companies is growing
Nearly two-thirds of domestic companies are already using or thinking…
Read more >Related news
Private brands make record gains in first half of year
Private label products reached new heights in the first half…
Read more >Müller updates packaging to increase accessibility for blind shoppers
Müller is updating the packaging of all branded products with…
Read more >Auchan has appointed a new product director
From July 1, László Varga will perform the duties of…
Read more >