OECD-GVH Regional Centre for Competition in Budapest website
These country profiles focus on countries' domestic legislation regarding key transfer pricing principles, including the arm's length principle, transfer pricing methods, comparability analysis, intangible property, intra-group services, cost contribution agreements, transfer pricing documentation, administrative approaches to avoiding and resolving disputes, safe harbours and other implementation measures.
Hungary’s economy is emerging from the crisis caused by COVID-19, yet sustaining the country’s robust pre-pandemic levels of growth will require reforms to foster productivity and job creation, according to a new OECD report.
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People in Hungary consume 11.3 litres of pure alcohol per capita per year, roughly equivalent to 2.3 bottles of wine or 4.3 litres of beer per week per person aged 15 and over. In addition, in Hungary, some population groups are at higher risk than others.
There are now 47 Adherents to the 2009 OECD Declaration on Green Growth. Romania has joined Costa Rica, Colombia, Croatia, Bulgaria, Georgia, Kazakhstan, Latvia, Lithuania, Morocco, Peru, Tunisia, as well as OECD members in having adhered to the Declaration.
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The OECD’s annual Revenue Statistics report found that the tax-to-GDP ratio in Hungary decreased by 1.7 percentage points from 37.5% in 2018 to 35.8% in 2019. Between 2018 and 2019 the OECD average decreased from 33.9% to 33.8%.
This page contains all information relating to implementation of the OECD Anti-Bribery Convention in Hungary.