Our experts take the burden of global minimum tax compliance off your shoulders!
Is the new regulation complex? Our consultants will help you navigate compliance with the global minimum tax.
Forduljon hozzánk bizalommal a globális minimumadóval kapcsolatos kérdésekben!
More than 200 companies have already chosen our services.
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We know your challenges
Get ready for the global minimum tax with our help!
Turnover rose 15% global minimum tax poses new challenges for multinational and large domestic corporate groups. Our experts will be your trusted partners in ensuring compliance with the new regulations.
What is the global minimum tax?
A globális minimumadó az OECD egyik kulcsfontosságú eszköze az agresszív adótervezés visszaszorítására. Az intézkedés célja egy egységes, legalább 15%-os nyereségadó bevezetése a multinacionális és nagyméretű belföldi vállalatcsoportok számára – függetlenül attól, hogy mely országokban működnek.A rendszer biztosítja, hogy a vállalatok ott adózzanak, ahol a gazdasági tevékenységük ténylegesen zajlik – ezáltal visszaszorítva az adóelkerülést.
What is the tax rate, and which companies are affected?
The global minimum tax rate is 15%. The regulation applies to corporate groups where the annual revenue, ahol a végső anyavállalat konszolidált pénzügyi beszámolója szerinti reaches EUR 750 million (approximately HUF 286 billion) in at least two of the four years preceding the tax year. Thus, if a corporate group was subject toCountry-by-Country Reporting; (CbCR)in the past years, it will be subject to the global minimum tax..
Who is considered part of a corporate group?
Fontos kiemelni, hogy a globális minimumadó szempontjából a vállalatcsoport meghatározása nem a transzferár-szabályoknál megszokott kapcsolt vállalkozási viszonyon alapul. Főszabály szerint azok a szervezetek tartoznak egy csoportba, amelyek között tulajdonosi vagy ellenőrzési kapcsolat áll fenn, és amelyekről a végső anyavállalat konszolidált pénzügyi beszámolót készít.
What are the compliance deadlines?
• Notification: by the last day of the tax year .
• Disclosure of top-up tax in the financial statement: within 5 months after the end of the financial year
• Tax advance declaration and payment: by the 20th day of the 11th month following the tax year
• Tax return submission: Within 15 months (18 months for the first tax year) after the end of the tax year
Download and learn more about the comprehensive, Global Minimum Tax, by ourPDF guide for free.
What are the penalties for non-compliance?
Default penalty: HUF 5 million in case of failureto notify, HUF10 million in case of failure to submit a tax return, submission of an incomplete, incorrect, or false return. Tax penalty: 50% of the assessed tax shortage (200% in case of fraud). Late payment surcharge: central bank base rate (currently 6.5%) plus an additional 5 percentage points..
You can count on us on global minimum tax!
Why choose us for global minimum tax advisory?
We assess whether your corporate group is subject to the global minimum tax and whether any exemptions could apply.
part of tax planning, we calculate the expected qualified domestic minimum top-up tax, considering the available options, the deferred tax, and the applicable tax credits concerning covered taxes (e.g. development and R&D tax credits).
We provide tax and accounting advisory services for all global minimum tax-related matters.
We support liaison with and data provision to the corporate group's headquarters.
We perform calculations and provide assistance for reports required by the corporate group’s headquarters.
We prepare the calculations for the qualified domestic minimum top-up tax, as well as the tax advance declarations, and annual tax returns.
We understand your needs!
Why should you choose us?
Experience and expertise
We have many years of professional experience and international insight into international tax regulations. Our experts are specialists, so you can focus on your core business and we will prepare all the documentation.
Reliability
We carry out our work with the utmost care and precision, ensuring transparency and compliance with the law. Our clients can be confident that all our documents comply with local and international regulations and are produced to the highest possible standards. We keep you up to date at every stage of the process through ongoing communication and regular reports.
Customized solution
Every business is unique, so we tailor our services to your needs. We will conduct a detailed analysis to understand your company's specific needs and develop the most appropriate strategy.
Proaktív együttműködés
We provide ongoing support to the group's head office and other member companies in the coordination and provision of data for the planning and calculation of the global minimum tax.
Data protection
Cégünk megbízhatóan és az adatvédelmi előírásoknak megfelelően kezeli a pénzügyi és személyes adatokat. Az adatbiztonságot saját alkalmazásban dolgozó IT-szakértőink garantálják, akik folyamatosan gondoskodnak a rendszerek biztonságos működéséről.
Nemzetközi támogatás - angol nyelven
Angol nyelvű konzultációt és prezentációt biztosítunk, hogy tulajdonosai vagy anyacége vezetői is pontosan értsék a globális minimumadóval járó adminisztrációt.
Details
Prepare in time for the global minimum tax!
Now is the time for strategic decisions! Find out how you can reduce your risks and optimise your tax position! Contact us today!
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Tasks
Így dolgozunk mi
Situation analysis
The first step in the consultancy process is to map the company's current tax situation. This includes a review of financial data, tax returns, international operating structure and tax rules in the countries concerned. The aim is to provide the experts with an accurate picture of the company's operations and the factors that may affect the impact of the global minimum tax.
Impact assessment and risk assessment
Tanácsadóink előzetesen modellezik a globális minimumadó vállalkozásra gyakorolt várható hatásait. Elemzik, hogy mely országokban merülhet fel adókiegészítési kötelezettség, és milyen mértékű pénzügyi változásokkal lehet számolni. Emellett feltérképezik a legfontosabb kockázati tényezőket is, mint például a jogszabályi megfeleléssel kapcsolatos kihívásokat és az adminisztratív terhek alakulását.
Definition of compliance requirements
Once the impacts and risks are clear, the next step is to ensure legal compliance. The experts will help you interpret the relevant tax regulations and support you in meeting your tax reporting obligations and preparing the necessary documentation.
Continuous monitoring and monitoring of legislative changes
A globális minimumadó bevezetését követően is kiemelten fontos az adókörnyezeti változások folyamatos nyomon követése. Tanácsadóink figyelemmel kísérik az új szabályozásokat, és gondoskodnak arról, hogy vállalata időben reagáljon az esetleges módosításokra. Ezáltal csökkenthetők a jogi és pénzügyi kockázatok, és biztosítható a folyamatos megfelelés. A négy lépésből álló folyamatunk átlátható és hatékony alkalmazkodást tesz lehetővé a globális minimumadó követelményeihez – miközben segít elkerülni a váratlan pénzügyi vagy adminisztratív kihívásokat.
Learn more about our Company!
Our Group in numbers
175+
Professionals in our group
50+
Professional publication per year
15+
Years professional experience
350+
Satisfied clientels
Contact
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91-93. Budafoki út, Budapest, 1117
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Testimonials
Our clients said
Tax optimization
Enikő Bakó
CEO - Pan–Italia Kft.
Accounting
We chose ICT as our accountancy firm 7 years ago, we were welcomed by a professional team and the transition was smooth. Their professionalism, reliability and excellent communication have made this a balanced and harmonious partnership, whether it be for labour, payroll, accounting or tax. We work together in perfect harmony and seamlessly. As we operate a paperless office, we are happy to use the online system to upload documents, which supports our work with a wide range of statements and planning options.
Judit Bóna
CEO - Com-Forth Ipari Informatikai Kft.
General ledger
We switched from the risk of a small accountancy firm to the security of a professional accountancy firm. They created a structured order. They created security for accounting data. They anticipate the potential tax risks and tax benefits of each transaction. They provide fast and professional assistance in dealing with the tax authorities.
Róbert Kolonics
CFO - MICRO-TOP Kft.
Accounting
As a manager of a small business, I would never have imagined that "accounting" as a service could be run professionally, with responsibility! But I found what I thought did not exist!
Gábor Majoros
CEO - Enertech Hungária Kft.
Complex services
I like to work with you because, despite the fact that our company is not a simple structure (parent company in a 3rd country with a branch in another member state) and has a diverse supplier and customer base (domestic, EU and 3rd country), you are prepared, communicative, legally sound and up-to-date in your accounting tasks. It is a pleasure for me to be able to sit back and concentrate on other professional or managerial tasks!
Enrico Mák
CEO - Merico Zrt.
Complex services
Looking back on several years of successful and fruitful cooperation with ICT, I can confidently say that every day we confirm that it was the best decision to entrust our accounting, payroll and other consulting tasks to this team. The precise, accurate and comprehensive expertise that is concentrated in ICT is, for me, exemplary and respectable, and has been confirmed by many partners besides us. No doubt, we will continue to work with the ICT team in the future!
Bálint Farkas
CEO - Geodézia Zrt.
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Find out how you can make your payroll processes more efficient with our due diligence service. Our experts identify errors, optimise payroll and ensure regulatory compliance.
FAQ
Frequently Asked Questions
We've been providing tax advice for over a decade, and we've worked with over 100 companies, so many questions have come up. We've put together the most important ones so you don't have to, and to make our service completely transparent.
Transfer price is the price applied between related enterprises for goods, services, intangible assets or financial transactions. Transfer prices are designed to ensure that transactions between companies are at market prices and meet the expectations of the tax authorities.
Transfer pricing documentation is mandatory for related companies and is designed to demonstrate that transactions are at arm's length. Failure to do so may result in a fine by the tax authorities and a tax base adjustment.
If a company does not apply transfer pricing correctly or does not prepare the necessary documentation, it can face heavy fines, tax base adjustments and other penalties. In addition, the risk of being audited by the tax authorities increases.
Transfer pricing documentation should be updated annually to reflect current market conditions and legal requirements. If there is a significant change in the life of the company, the documentation must be updated immediately.
ICT Europe's experts can help you prepare transfer pricing documentation, ensure it complies with legislation and ensure that your company is exposed to as little risk as possible. We also advise on the optimal transfer pricing policy.
