Tag Archives: special tax regime

ILN Today Post

After the facelift – here is the BEPS-proof Hungarian intellectual property tax regime

In order to bring Hungarian tax law in line with OECD’s recommendations delivered in “Action 5” of the “BEPS-package”, Hungary’s special tax regime on intellectual properties has been amended as of 1 July.

The revised, “BEPS-proof” rules provide a flexible framework for building up IP structures in Hungary. With appropriate planning, both the development, the acquisition and the utilisation of intellectual property rights can be carried out at the level of a Hungarian company with zero or minimum tax burden. Furthermore, the resulting profit can be repatriated tax neutrally. Therefore, it is foreseen that Hungary will keep its importance in the future as a centre of international IP investment and distribution structures.

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