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Hungary’s EU accession has brought significant changes to external trade. A number of new rules and regulations have entered into force in Hungary concerning intra-Community and external trade. These changes have made it possible to cut costs in international trade, but have also given rise to certain indirect tax risks relating to non-compliance with the applicable regulations.
How can PwC assist you?
In order to ensure that our clients in international trade can optimize their processes and avoid risks, PwC Hungary has set up an expert team specializing in the above tax types. Our experts can provide comprehensive assistance and advice in connection with the correct application of customs and excise duties. Our indirect tax group can also assist you with issues related to environmental taxes (environmental protection product fee, environmental exposure fee, energy tax), and car registration tax. We monitor legislative changes and the introduction of new taxes, and provide tax consulting services concerning the public health product tax, the food chain supervision fee, and the telecoms tax.
Tapping into the resources of the global PricewaterhouseCoopers network, we are familiar with the latest regulations in international commerce. As the above taxes directly impact your profit, they have to be paid diligently in order to avoid fines. Whether you are engaged in import or export activities, you can count on our expert assistance in maximizing your profit and simplifying administrative matters.
