Adótörvény

Adótörvény is the framework of laws that govern taxation in Hungary. It comprises statutes enacted by the Parliament that define taxes, assessable bases, rates, exemptions, and the procedures for reporting, payment, and enforcement.

Scope and main taxes: The adótörvény system covers personal income tax (SZJA), corporate income tax (TAO), value-added tax (ÁFA), local taxes, and excise duties, along with social security contributions and other levies. It includes both general rules and sector-specific rules.

Administration and procedure: The National Tax and Customs Administration (NAV) administers taxes, collects revenues, and handles audits and appeals under the Tax Procedure Act. Taxpayers have reporting obligations, deadlines, and rights of objection and appeal; penalties and interest apply for non-compliance.

Legislative process and relations: Adótörvények are amended by Parliament, often as part of annual budgets or targeted reform packages. EU law and international treaties influence the regime, particularly in VAT, cross-border transactions, and transfer pricing; national rules must be interpreted in light of these obligations.

Notes: Tax law interacts with the broader constitutional framework and is subject to administrative and judicial interpretation, ensuring consistency with fundamental rights and European Union law.