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Important Information

Hungary to adopt new tax regulations


07/12/2012

Personal income tax to be changed.
The Hungarian Parliament has recently accepted the changes relating to tax regulations for 2013.

As of 1 January, 2013 the 27 percent tax base increasing element will no longer be available. As a consequence, the related effective personal income tax burden will be 16 percent of the total income of the individual.


www.kpmg.com


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