ey-global-tax-policy-outlook-for-2015

Hungary
2.5 Fiscal stimulus in 2015
2.6 Political landscape
•
the 2010 elections, won three elections during 2014 (the
general parliamentary elections in April, the European
elections in May and the local government elections in
majority in the Hungarian Parliament.
• The last Hungarian parliamentary elections were held on
and currently holds 132 seats in the Parliament out of a
total of 199. The opposition is fragmented; the Hungarian
Socialist Party (MSZP) has the second largest number of
seats in the Parliament, at 29.
2.9 Country position on OECD Base Erosion
and Prot Shifting (BEPS) Action Plan
•
regarding the BEPS initiative. A new anti-hybrid rule will be
introduced in 2015, but it does not explicitly refer to BEPS.
• According to the new anti-hybrid rule, Hungary will not
exempt income from taxation if the contracting states
interpreted the underlying double tax treaty or the facts and
circumstances differently, and this different interpretation
has the effect that none of the contracting states deem the
income to be taxable.
2.10 Pending tax proposals
• Not applicable
2.11 Consultations opened/closed
• Not applicable
• The elections did not result in any changes in the leadership
that would affect the tax policy landscape.
2.7 Current tax policy and tax administration
leaders
• Mihály Varga, Minister for National Economy
• Ildikó Vida, Head of National Tax and Customs Administration
2.8 Key tax policy changes in 2014
• There were no major changes in tax policy during 2014.
The outlook for global tax policy in 2015 |
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