HUN GVT Windfall Tax Amendments
On Aug. 1, HUN GVT issued decree amending extra-profit tax decree.
- HUN GVT issued decree 183/2024 amending decree 197/2022 on extra-profit taxes.
- Includes amendments relating to 2024 tax on credit institution or financial enterprises.
- Also adds section 9 on financial transaction tax (Pti) deviation from law CXVI of 2012.
- Also makes amendments relating to windfall tax imposed on petroleum producers.
- Effectiveness
- Partly in force from Aug. 1, 2024, partly in force from Oct. 1, 2024.
| Regulators |
HUN GVT
|
| Entity Types |
Bank; Corp |
| Reference |
Decree 183/2024, 8/1/2024; Decree 197/2022 |
| Functions |
Accounting; Compliance; Financial; Legal; Reporting; Tax |
| Countries |
Hungary |
| Category |
|
| State |
|
| Products |
Banking; Commodities; Corporate |
| Regions |
EMEA |
| Rule Type |
Final |
| Rule Date |
8/1/2024 |
| Effective Date |
10/1/2024 |
| Rule Id |
221675 |
| Linked to |
N/A
|
| Reg. Last Update |
8/1/2024 |
| Report Section |
EU |
Last substantive update on 08/07/2024
