Hungary Becoming a New Centre of International IP Investments
|by Pál Jalsovszky|
Jalsovszky Law Firm - Budapest Office
|April 4, 2012|
As a result of the latest amendments to the local tax laws
Hungary will become one of the top IP-holding locations within the European Union. Beside the existing tax benefits relating to the utilisation of IP rights, as from 1 January 2012 the tax exemption of the ‘reported IP’ has been introduced. With this new tax benefit Hungary can become an important, internationally recognized location for IP developments and distribution.
The views expressed in this document are solely the views of the author and not Martindale-Hubbell. This document is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance.
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