Tax advisory services
The ever-changing tax legislation, which is difficult to understand and raises many questions of interpretation, presents a daily challenge for all companies operating in Hungary. Managing tax issues accurately and consistently without up-to-date knowledge of relevant legislation is an extremely time-consuming task. In addition, the misunderstanding of tax provisions may involve significant risk of tax fines and penalties, while not being aware of opportunities can deprive the businesses of significant tax benefits.
Tax advisory services
Taxation is an ever-changing field, and keeping track of and interpreting legislation requires a high level of expertise and many years of experience. Without up-to-date knowledge of the legislation, managing tax issues carefully can be a time-consuming task, and misapplication of the rules can expose businesses to the risk of heavy fines, while lack of knowledge of the options can deprive them of significant tax advantages. Proper tax management helps to optimise costs, thereby improving the creation of value for the business and increasing owner satisfaction.
In the tax area, we offer the following services to our existing and prospective clients:
- Development of advisory opinions on tax issues
- Preparing and reviewing tax calculations, tax returns, EPR records
- Tax due diligence to support M&A transactions
- Tax optimisation projects
- Simulated tax audits for risk mitigation purposes
- VAT registration and ongoing compliance support for foreign clients
- Income tax advice to foreign individuals
- Complex R&D tax advice
- Preparation of ministry and/or tax authority and other regulatory guideline requests and follow-up
- Advice and representation before the authorities during tax authority audits
- Preparation of binding ruling request and liaison with the ministry
Our services are available both on an on-call/monthly fee (Helpline) and on an ad hoc basis.
Our team includes professionals also with significant professional experience gained at international consulting firms and tax authority backgrounds to ensure a comprehensive problem-solving approach and maximum client experience.
Thanks to our international network, DFK International, we can offer effective solutions to tax challenges that involve multiple countries.
