Transfer Pricing – New Regulations – Stricter Compliance Rules

Transfer pricing has been a priority issue in Hungary since 2003. While the tax authority used to focus on the formal requirements, it is now more competent and experienced in checking the content. Loss-making and low-profitability operations are given the highest priority in risk analysis and selection for audit. Further legislative tightening has been introduced from 2022. Related party transactions with a value of more than HUF 100…