Hungary taxation changes in 2022

[gnud]

https://helpers.hu/accounting-and-finance/changes-to-taxation-in-hungary-in-2021-and-2022/
https://helpersfinance.hu/how-will-your-taxes-in-hungary-change-from-2022/

New option for reducing the tax base of your company​

Starting from 2022, you will be able to reduce the tax base of your Hungarian company by 300% of what you donate to foundations managing universities in Hungary. The only limit to this is the amount you are supposed to pay in taxes.

E.g. when you have calculated the corporate tax your company has to pay, you may decide to donate one third of the sum, and pay nothing to the Tax Authority.


Currently the corporate tax rate is 9%, this would effectively make it 3%.

https://trutax.hu/en/category/friss-hirek/

 

[gnud]

Unfortunately the math does not check out, as they say it's a 300% discount from the tax base, not the tax as given in the example. Therefore you'd end up paying more in fact.