Tax Services

Taxation is an integral part of the corporate environment irrespective of the size or the activity carried out by a corporate entity. Keeping abreast of the frequently changing tax environment requires a great deal of effort from companies. The complexity of business transactions and the differences between the domestic and foreign tax systems may offer many opportunities for tax planning, may however result in unforeseen tax risks at the same time. As a consequence of Hungary’s accession to the European Union, the domestic tax system became even more colorful, representing a significant challenge for corporate entities carrying out business activity in Hungary.

Our fully integrated tax department was set up in order to provide our clients with full range of legal and tax services, thus enabling them to achieve their business goals faster amongst highly competitive market conditions. When having established our tax practice, we were aiming to have both lawyers and tax advisors on board in order to find the most efficient solutions for challenges that the respective business environment dictates. At the end of 2009, our firm has become a member of Taxand, which allows our firm to take advantage of a global network made up of highly experienced professionals capable of providing objective, independent tax advice.

The overall tax implications of business transactions are significant factors and both corporate entities and private individuals may realize substantial cost savings by way of prior tax planning. It is, therefore, more than worth planning both domestic and international tax consequences before the implementation of well designed and efficiently structured business models, cross-border transactions. Our tax colleagues participate in the preparation of business decisions of our clients and in the exploration of tax efficient opportunities taking into consideration the need for avoiding unnecessary tax risks. The main innovation and advantage of our firm consists in not only the provision of our clients with tax consultancy and tax planning services, but also providing them with legal advices and legal representation in front of tax authorities and courts, if required.

• We provide taxation services especially in the following areas:
• Tax planning during the course of M&A transactions;
• Tax due diligence;
• Post acquisition restructuring;
• Advising in implementation of Tax Strategy;
• International Tax law (inbound and outbound);
• Appeal procedures and dispute resolution in tax cases;
• Real Estate;
• Value-added tax VAT;
• Preparation of corporate tax return;
• Preparation of applications for official guidelines and tax rulings;
• Risk management.