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Hungary Becoming a New Centre of International IP Investments by Pál Jalsovszky
Jalsovszky Law Firm - Budapest Office
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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.
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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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