A new tax proposal in Hungary could have implications for individuals with property or business interests in the country. Based on the value of personal assets rather than the income they generate, the proposed wealth tax raises questions that also extend to owners living abroad.
With the rules still under discussion, Dániel Takó from ETL GLOBAL Member ABT Treuhand offers a closer look at what the proposal could mean for business owners and international investors.
This article was prepared by ABT for the ETL GLOBAL International Tax Group. Visit the group’s dedicated page to learn more and get in touch for further assistance.
