There is a special tax risk in the home office

By: Trademagazin editor Date: 2020. 10. 01. 11:25

Because of the coronavirus, a significant number of companies have switched to working from home. However, home office processes designed without due diligence can involve significant tax risks – EY tax experts have pointed out. This is something to keep in mind now, because the errors can no longer be corrected afterwards.

Sometimes a company operates in the jurisdiction of several municipalities. In this case, the local business tax must be divided between the local authorities and the local governments of the registered office. The aim is for each party to benefit from the tax forints of a given company to the extent that the given company carries out economic activity in the territory of the municipality.