The Hungarian tax system is coordinated with related EU regulations. The tax jurisdiction is subject to the nationality principle and a dual central-local level taxation institution.
The Hungarian tax system is coordinated with related EU regulations. The tax jurisdiction is subject to the nationality principle and a dual central-local level taxation institution. The National Tax and Customs Administration of Hungary at the central level is responsible for tax legislation and taxation.
In response to the Financial Crisis, Hungary has decided to levy special tax on energy, financial, retailing and telecommunication companies. It also imposes consumption tax, public health product tax, environmental protection tax, energy tax and cultural tax on special industries and products.