Considering the low
direct tax rates similarly on corporations (9%) such as on private persons (15%),
the reducing social security charges (19.5%) and the ceasing sectoral taxes; Hungary
has a more and more attractive tax environment, even in a wide international
comparison. At the same time, Hungary is continue to play increasing attention
to compliance and introducing new and new actions – mainly administrative
measures – against tax evasion. This, especially during implementation,
undeniably triggers significant costs and administrative burden for the
stakeholders. The new era of digitalization; however, gives the role for
control solutions that will finally reduce manual administration and
“competitive advantage” of tax fraud too.
