Hungary - Tax concessions related to electronic tax returns - 02/16/2007

If a company is obliged to file tax returns and provide data electronically, and its revenue is not more than HUF 4 million a year, corporate tax is reduced in 2007 by 15% of accounting fees paid to a permanent representative, and by 10% of internet fees paid and planned depreciation on computers acquired in 2006 or 2007, but by no more than 70% of the computed tax.
If an enterprise files tax returns and provides data electronically as a permanent representative, and with a revenue of not more than HUF 25 million a year, corporate tax is reduced in 2007 by 10% of internet fees paid and planned depreciation on computers acquired in 2006 or 2007, but by no more than 70% of computed tax.

Changes in the Social Security Act

The minimum contribution base is increasing from HUF 125,000 to HUF 131,000 for those in employment, collective entrepreneurs, sole entrepreneurs and taxpayers subject to regulations on simplified entrepreneurial tax (EVA).


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