adóegységet

adóegységet is a Hungarian term that translates to "tax unity" or "tax group." It refers to a legal framework in Hungary that allows related companies, typically a parent company and its subsidiaries, to file a consolidated tax return. This means their profits and losses can be aggregated for corporate income tax purposes.

The primary purpose of adóegységet is to simplify tax administration and potentially provide tax advantages to the group as a whole. By consolidating their tax liabilities, a profitable company within the group can offset the losses of another, reducing the overall tax burden. This can encourage investment and internal restructuring within corporate groups.

To form an adóegységet, specific conditions must be met. These generally include a minimum ownership percentage (often a majority stake) held by the parent company in its subsidiaries. There are also requirements regarding the duration of this ownership and the unified management of the companies involved. The formation and operation of such a tax group are regulated by Hungarian tax law.

The introduction of adóegységet aimed to align Hungarian tax practices with those found in other European Union member states, promoting a more integrated business environment. However, eligibility criteria and specific rules can be complex, and companies considering forming or joining a tax group must carefully consult with tax professionals to ensure compliance. The concept is a significant aspect of Hungarian corporate taxation for larger business entities.