Hungary Publishes CbC Report Submission Guidance

On 15 September, the Hungarian National Tax and Customs Administration published guidance for the submission of Country-by-Country (CbC) reports (Form 16CBC). Hungary's CbC reporting requirements apply for fiscal years beginning on or after 1 January 2016 for MNE groups meeting the standard consolidated revenue threshold of EUR 750 million in the previous year (1 Jan 2017 for foreign parented …
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