Hungary: tax audit focuses

Tax audit focuses. Regarding VAT, the main areas of focus will be the compliance with invoicing obligations, and the verification of transactions on the basis of which invoices were issued. In addition, tax audits will continue to focus on the most typical forms of fraud, including chain transactions.

Together with taxpayers involved in VAT fraud and companies deemed risky from a tax perspective, the natural persons related to these taxpayers who acquire revenue in connection with the operation of these companies will also be subject to tax audits.

In corporate income tax, the following topics will remain crucial: the audit of the adequacy of applicable transfer prices used between related parties, specifically in case of non-conventional price determining methods and the legality of the application of the research and development allowance to the tax base.

To have a consultation by Alessandro Pasut click here!

Share

Tags: ,

Lascia un Commento

L'indirizzo email non verrà pubblicato. I campi obbligatori sono contrassegnati *

*

È possibile utilizzare questi tag ed attributi XHTML: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>